60 Degrees Pharmaceuticals Announces First Quarter 2024 Results [Yahoo! Finance]
60 Degrees Pharmaceuticals, Inc. (SXTP)
Company Research
Source: Yahoo! Finance
WASHINGTON, May 15, 2024 (GLOBE NEWSWIRE) -- 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP ; SXTPW) (the “Company”), a pharmaceutical company focused on developing new medicines for infectious diseases, reported today their financial results for the first fiscal quarter of the 2024 year, ended March 31, 2024. Financial Highlights for the Quarter Ended March 31, 2024: Net product revenues increased approximately 515% from $17.17 thousand for the first quarter of 2023 to approximately $105.7 thousand for first quarter of 2024; the Company credits growth from domestic commercial sales of ARAKODA ® The Company achieved a gross profit of approximately $51.0 thousand in the first quarter of 2024, compared to an approximate gross loss of $55.9 thousand in the first quarter of 2023. Increased sales volume allowed the Company to overcome fixed cost of goods expense associated with the Drug Supply Chain Security Act that previously led to a gross loss. Operating expenses were approxim
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SXTP
News
- 60 Degrees Pharmaceuticals, Inc. (NASDAQ: SXTP) had its "neutral" rating re-affirmed by analysts at HC Wainwright.MarketBeat
- 60 Degrees Pharmaceuticals, Inc. Announces Closing of $4 Million Private Placement Priced At-the-Market Under Nasdaq Rules [Yahoo! Finance]Yahoo! Finance
- 60 Degrees Pharmaceuticals, Inc. Announces Closing of $4 Million Private Placement Priced At-the-Market Under Nasdaq RulesGlobeNewswire
- 60 Degrees Pharmaceuticals, Inc. Announces $4 Million Private Placement Priced At-the-Market Under Nasdaq RulesGlobeNewswire
- 60 Degrees Pharmaceuticals, Inc. Regains Compliance with Nasdaq Listing Requirements [Yahoo! Finance]Yahoo! Finance
SXTP
Sec Filings
- 9/19/24 - Form S-3
- 9/11/24 - Form 4
- 9/6/24 - Form 8-K
- SXTP's page on the SEC website