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Dec 31, 2022

SIGA Technologies Q4 2022 Earnings Report

SIGA Technologies experienced a decrease in revenue and operating income during the fourth quarter of 2022.

Key Takeaways

SIGA Technologies reported a decrease in total revenues to $11.4 million and an operating loss of $1.8 million for the three months ended December 31, 2022. Net loss for the quarter was $0.8 million, with a diluted loss per share of $0.01. The company had approximately $111 million in revenue in 2022, including approximately $71 million of international sales.

Total revenues for Q4 2022 were $11.4 million, compared to $115.4 million for Q4 2021.

Operating loss for Q4 2022 was $1.8 million, compared to operating income of $94.0 million for Q4 2021.

Net loss for Q4 2022 was $0.8 million, compared to net income of $73.2 million for Q4 2021.

Diluted loss per share for Q4 2022 was $0.01, compared to diluted income per share of $0.98 for Q4 2021.

Total Revenue
$11.4M
Previous year: $115M
-90.1%
EPS
-$0.01
Previous year: $0.98
-101.0%
Gross Profit
$4.07M
Previous year: $97.9M
-95.8%
Cash and Equivalents
$98.8M
Previous year: $103M
-4.2%
Total Assets
$195M
Previous year: $215M
-9.2%

SIGA Technologies

SIGA Technologies

SIGA Technologies Revenue by Segment

Forward Guidance

SIGA Technologies provided a business update on March 2, 2023, but did not include specific forward guidance in the press release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income