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Mar 31, 2020
SIGA Technologies Q1 2020 Earnings Report
SIGA Technologies reported financial results for Q1 2020, revealing a revenue of $2.6 million and an operating loss of $4.0 million.
Key Takeaways
SIGA Technologies reported a revenue of $2.6 million for the first quarter of 2020, resulting in an operating loss of $4.0 million. The company's loss per diluted share was $0.11, and cash and cash equivalents totaled $77.4 million. Recent activities include BARDA exercising procurement options for $101.3 million and the Canadian Department of National Defence awarding a contract for up to 15,325 courses of oral TPOXX® over four years.
Revenue for Q1 2020 was approximately $2.6 million.
Operating loss for Q1 2020 was approximately $4.0 million.
Loss per diluted share was $0.11 for the quarter.
Cash and cash equivalents were approximately $77.4 million at the end of the quarter.
SIGA Technologies
SIGA Technologies
SIGA Technologies Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income