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Stock impact report

Eton Pharmaceuticals Inc (ETON) Q3 2024 Earnings Call Highlights: Record Sales and Strategic ... [Yahoo! Finance]

Eton Pharmaceuticals, Inc. (ETON) 
Last eton pharmaceuticals, inc. earnings: 3/5 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Eton Pharmaceuticals Inc ( NASDAQ:ETON ) achieved a record quarter of product sales with a 40% year-over-year increase, driven by strong performance in Alkindi Sprinkle and carglumic acid. The company reached positive GAAP net income one quarter ahead of schedule, marking a significant profitability milestone. Eton Pharmaceuticals Inc ( NASDAQ:ETON ) announced the acquisition of Increlex, a transformational opportunity that aligns with their pediatric endocrinology focus. The FDA accepted the new drug application for ET-400, with a PDUFA date set for February 28, 2025, indicating progress in their pipeline. The company plans to expand and realign its sales force to maximize revenue potential, focusing on rare disease specialists and metabolic portfolio. Despite growth, Alkindi Sprinkle faces a higher discontinuation rate than desired, which could impact long-term growth potential. General and administrative expenses increased to $5.3 million from $4.3 million in the prior Show less Read more
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