NASDAQ$SIGA

SIGA Technologies, Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

SIGA Technologies reported financial results for Q3 2024, marked by increased product sales and significant procurement orders.

SIGA Technologies reported a profitable third quarter, driven by a $122 million in procurement orders, including a major order for oral TPOXX. The company is positioned for substantial revenue in Q4 2024 and 2025, with $146 million in outstanding orders.

  • SIGA received $122 million in procurement orders during the third quarter.
  • A $112.5 million order for oral TPOXX was received under the 19C BARDA contract.
  • The company had approximately $146 million of outstanding procurement orders as of September 30, 2024.
  • Deliveries related to the $112.5 million order began in late September and continued into October.

Headline financials

Total Revenue

$10M

Previous: $9.24M+8.4%
EPS

$0.02

Previous: -$0.01+300.0%
Capital Expenditures

-$24.6K

Previous: -$21.7K-13.5%
Free Cash Flow

$1.32M

Previous: -$415K+418.1%
Net Income

$1.34M

Previous: -$393K+441.9%
Operating Income

$542K

Previous: -$1.31M+141.4%
Gross Profit

$8.39M

Previous: $8.34M+0.6%
R&D Expense

$3.02M

Previous: $3.65M-17.1%
Stock-Based Comp

$814K

Previous: $460K+77.0%

Revenue & EPS history

SIGA Technologies · Revenue · Quarterly

$10M

Q3 2024+8.4%vs Q3 2023
Beat estimate in 0 of 3 quarters(0%)
ActualEstimate

Revenue by segment

SIGA Technologies · $9.24M total across 2 segments · Q3 2023

  • Product Sales
    $7.96M-87.9%
  • R&D Revenues
    $1.28M-80.6%

Forward guidance

SIGA Technologies is focused on diversifying its revenue base, enhancing shareholder value, advancing development programs, continuing its public health mission and preparing to negotiate the next contract with the U.S. Government.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

-0.2%

Avg return

Earnings day

+0.5%

Avg return

5 days after

+2.4%

Avg return

30 days after

41%

26 / 64 earnings

Positive

+31.9%

Q4 2023

Best reaction

-27.8%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%-5.5%-8.5%
Q4 2025-3.0%-3.4%-22.8%
Q3 2025-20.2%-24.0%-24.1%
Q1 2025+4.4%+9.0%+10.8%
Q4 2024+7.0%+0.5%+6.4%
Q3 2024-1.9%-8.5%-9.8%
Q2 2024-12.8%-14.3%-9.5%
Q1 2024-27.8%-28.2%-26.7%
Q4 2023+31.9%+49.9%+88.3%
Q3 2023-4.4%-2.2%+16.9%
Q2 2023-3.7%-10.0%-21.9%
Q1 2023+5.1%+1.8%-0.7%
Q4 2022-3.8%-7.8%-13.4%
Q3 2022+7.5%+9.8%+1.1%
Q2 2022+27.4%+24.6%-21.0%
Q1 2022+3.6%+4.0%+60.7%
Q4 2021+3.0%+6.6%+22.4%
Q3 2021-0.7%+0.0%+2.8%
Q2 2021-2.9%-4.0%+9.1%
Q1 2021-0.7%-8.4%-10.4%
Q4 2020+1.7%+9.3%+1.2%
Q3 2020+2.0%+3.4%-0.9%
Q2 2020+14.3%+5.5%-1.9%
Q1 2020-1.4%+1.4%+2.9%
Q4 2019+10.4%+0.4%+0.2%
Q3 2019-3.2%-1.8%-19.8%
Q2 2019+0.2%-1.7%+2.7%
Q1 2019+1.5%-1.3%-12.8%
Q4 2018-4.4%-1.6%-6.3%
Q3 2018+8.4%+5.7%+29.1%
Q2 2018+0.3%+7.7%+1.4%
Q1 2018-0.5%+2.4%-3.9%
Q4 2017-0.6%-7.0%-2.3%
Q3 2017+2.8%-1.1%+3.9%
Q2 2017-1.6%-1.6%-1.9%
Q1 2017-0.3%+0.6%-8.0%
Q4 2016-0.6%+0.0%-4.1%
Q3 2016-5.7%+3.8%+54.8%
Q2 2016+4.5%+4.1%+11.4%
Q1 2016+1.1%
Q4 2015+1.1%
Q3 2015+2.4%
Q2 2015-0.9%
Q1 2015+5.7%
Q4 2014-1.3%
Q3 2014-0.7%
Q2 2014-4.9%
Q1 2014-1.4%
Q4 2013-2.7%
Q3 2013-3.5%
Q2 2013-2.8%
Q1 2011-2.4%
Q4 2012-2.5%
Q3 2012+6.5%
Q2 2012+5.3%
Q1 2012+4.5%
Q4 2011-1.4%
Q4 2009-1.4%
Q3 2010-6.1%
Q3 2011-6.1%
Q2 2011-12.0%
Q2 2010-12.0%
Q4 2010-12.0%
Q1 2010-1.4%

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