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Stock impact report

60 Degrees Pharmaceuticals Announces Third Quarter 2024 Results

60 Degrees Pharmaceuticals, Inc. (SXTP) 
Company Research Source: GlobeNewswire
Q3 2024 sales revenue increased 164% year-over-year to $135 thousand.Sequential (quarter-over-quarter) net product revenue growth of 8.3%.Gross profit increased from ($20 thousand) to $24 thousand. WASHINGTON, Nov. 14, 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 third fiscal quarter of the 2024 year, ended September 30, 2024. Financial Highlights for the Quarter Ended September 30, 2024: A 140% increase in ARAKODA® pharmacy deliveries from 550 boxes (Q3 2023) to 1,319 boxes (Q3 2024) generated 164% in sales revenues from $51 thousand for the third quarter of 2023 to approximately $135 thousand for the third quarter of 2024.The Company achieved a gross profit of approximately $24 thousand in the third quarter of 2024, compared to an approximate gross loss of $20 thousand in the third quarter of 202 Show less Read more
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