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Stock impact report

Xeris Biopharma Reports Third Quarter 2024 Financial Results

Xeris Biopharma Holdings, Inc. (XERS) 
Last xeris biopharma holdings, inc. earnings: 3/11 06:00 am Check Earnings Report
Company Research Source: Business Wire
Achieved record total revenue of $54.3M including record product revenue of $52.9MProduct revenue increased 27% versus prior year and 14% over the prior quarterEnded Q3 with $69.4M in cash, cash equivalents and short-term investmentsRaises full-year guidance of total net revenue to $198M-$202M and tightens year-end cash to $68M-$72MHosting conference call and webcast today at 8:30 a.m. ET CHICAGO--(BUSINESS WIRE)--Xeris Biopharma Holdings, Inc. (Nasdaq: XERS), a fast-growing biopharmaceutical company committed to improving patient lives by developing and commercializing innovative products across a range of therapies, today announced financial results for the third quarter and nine months ended September 30, 2024.“We are proud to report our record-breaking quarter with total revenue of our $54 million led by strong demand of Recorlev® and Gvoke®. Our product revenue growth of 27% marks the 12th consecutive quarter of over 20% growth," said John Shannon, CEO of Xeris. "We have made Show less Read more
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