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Stock impact report

Phathom Pharmaceuticals Inc (PHAT) Q3 2024 Earnings Call Highlights: Record Revenue Growth and ... [Yahoo! Finance]

Phathom Pharmaceuticals, Inc. (PHAT) 
Last phathom pharmaceuticals, inc. earnings: 3/19 08:31 am Check Earnings Report
Company Research Source: Yahoo! Finance
Gross Profit: $14 million, with a gross margin of 86%, an increase of about 440 basis points over last quarter. R&D Expenses: Non-GAAP R&D spend of $7.4 million, a 32% decrease compared to Q3 2023. SG&A Expenses: Non-GAAP expenses of $71.8 million for Q3 2024, with advertising costs of approximately $17.5 million. Net Loss: Non-GAAP adjusted net loss of $67.9 million or $1.05 loss per share for Q3 2024. Cash and Cash Equivalents: $335 million as of September 30, 2024. Prescriptions Filled: Over 143,000 prescriptions filled from launch through October 25th, with approximately 69,000 filled in Q3 2024. Commercial Coverage: VOQUEZNA's total covered population now captures over an estimated 120 million people or more than 80% of all US commercial lives. Warning! GuruFocus has detected 6 Warning Signs with PHAT. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Phathom Pharmaceuticals Inc Show less Read more
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