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Stock impact report

TherapeuticsMD Announces Third Quarter 2024 Financial Results

TherapeuticsMD, Inc. (TXMD) 
NASDAQ:AMEX Investor Relations: ir.therapeuticsmd.com
Company Research Source: Business Wire
BOCA RATON, Fla.--(BUSINESS WIRE)--TherapeuticsMD, Inc. (“TherapeuticsMD” or the “Company”) (NASDAQ: TXMD), a company that owns rights to pharmaceutical royalties, today reported financial results for the third quarter ended September 30, 2024.Third Quarter 2024 Financial ResultsNet Income (Loss) from Continuing OperationsNet loss from continuing operations was $(567) thousand, or $(0.05) per basic and diluted common share, compared to a net loss of $(1.4) million, or $(0.13) per basic and diluted common share, for the third quarter of 2023.License and Service Revenues from Continuing OperationsLicense revenue, primarily from the Mayne License Agreement, totaled $547 thousand for the third quarter of 2024, an increase of $600 thousand, compared to $(53) thousand in license revenue for the third quarter of 2023. The increase is primarily attributable to changes in sales of licensed products. Reported negative license revenue of ($53) thousand in the third quarter of 2023 was due to Show less Read more
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