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Stock impact report

Coherus BioSciences Inc (CHRS) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid ... [Yahoo! Finance]

Coherus BioSciences, Inc. (CHRS) 
Last coherus biosciences, inc. earnings: 2/27 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.coherus.com
Company Research Source: Yahoo! Finance
Icca Revenue: $66 million, 100% growth since Q3 2023. Icca Market Share: Nearly 30% share, maintaining the number two position. Lact Sales: $5.8 million in Q3, a 54% increase quarter over quarter. Cost of Goods Sold: $20.7 million, down $12 million from Q3 last year. Gross Profit Improvement: 20% improvement or $8.2 million. R&D Expense: $21.7 million, a decrease of 15% from Q3 a year ago. SG&A Expense: $34.7 million, a decrease of 28% compared to the prior year. Interest Expense: $5.4 million, a decrease of 48% from Q3 last year. Net Loss: $10.8 million or 9 per diluted share. Non-GAAP Net Loss: $1.7 million or 1 per diluted share. Cash and Investments: $97.7 million as of September 30, 2024. 2024 Expense Guidance: Combined R&D and SG&A expenses expected to be $250 million to $260 million. Warning! GuruFocus has detected 5 Warning Signs with CHRS. Release Date: November 06, 2024 For the complete transcript of the earnings call, please refer to the full ea Show less Read more
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