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Stock impact report

Why TG Therapeutics Stock Was Soaring This Week [Yahoo! Finance]

TG Therapeutics, Inc. (TGTX) 
Last tg therapeutics, inc. earnings: 11/12 07:34 am Check Earnings Report
US:NASDAQ Investor Relations: ir.tgtherapeutics.com
Company Research Source: Yahoo! Finance
According to data compiled by S&P Global Market Intelligence , as of mid-afternoon Friday, the biotech's share price had risen by almost 27% week to date. A fine fourth quarter TG Therapeutics got the ball rolling before the trading week kicked off, publishing its Q4 and full-year 2024 results Monday morning. These revealed that the commercial-stage biotech earned just under $108.2 million in revenue for the quarter, which was more than double the nearly $44 million in the same period of 2023. On the bottom line, the company flipped to a generally accepted accounting principles ( GAAP) net income of $23.3 million ($0.15 per share) from the year-ago deficit of $14.4 million. Both headline figures easily outpaced the consensus analyst estimates. On average, pundits tracking TG Therapeutics stock were modeling less than $98 million for revenue and per-share earnings of $0.07. The better-than-expected results were due almost entirely to robust sales of the company's one commerci Show less Read more
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