Sep 30, 2020

Rigel Q3 2020 Earnings Report

Reported financial results for the third quarter ended September 30, 2020.

Key Takeaways

Rigel Pharmaceuticals reported third quarter total revenues of $18.4 million, including net product sales of $16.3 million, a 39% year-over-year increase. The company's net loss was $14.2 million, or $0.08 per share.

Total revenues were $18.4 million.

Net product sales were $16.3 million, a 39% year-over-year increase.

Launched Phase 3 clinical trial of fostamatinib in COVID-19 patients.

Net loss of $14.2 million, or $0.08 per share.

Total Revenue
$18.4M
Previous year: $20.9M
-11.8%
EPS
-$0.8
Previous year: -$0.7
+14.3%
Gross Profit
$18.2M
Cash and Equivalents
$72.8M
Free Cash Flow
-$19.7M
Total Assets
$123M

Rigel

Rigel

Rigel Revenue by Segment