TG Therapeutics misses top-line and bottom-line estimates; raises FY25 outlook

  • TG Therapeutics press release (NASDAQ:TGTX): Q2 GAAP EPS of $0.17 misses by $0.11.
  • Revenue of $141.15M (+92.1% Y/Y) misses by $5.12M, including BRIUMVI U.S. net revenue of $138.8 million.
  • 2025 Financial Guidance

    • Raises BRIUMVI U.S. net product revenue target to $570 – $575 million for the full year 2025 (prior guidance of $560 million for full year 2025)
    • Raises total global revenue target to approximately $585 million for the full year 2025 (prior guidance of $575 million for full year 2025)

    2025 Remaining Pipeline Development Goals

    • Commence patient enrollment into the Phase 3 pivotal program for subcutaneous BRIUMVI
    • Continue enrollment into the Phase 3 pivotal program based on the streamlined dosing regimens evaluated in the ENHANCE trial, evaluating a single Day 1 600 mg IV dose of BRIUMVI
    • Continue enrollment of participants into the ongoing clinical trial evaluating BRIUMVI in Myasthenia Gravis (MG)
    • Continue enrollment of participants into the Phase 1 clinical trial evaluating azer-cel for the treatment of autoimmune diseases, beginning with progressive forms of MS
    • Present updated data at major medical conferences throughout the year

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