Biotech company TG Therapeutics (TGTX.US) stock price drops significantly, Q1 earnings below expectations.

date
05/05/2025
avatar
GMT Eight
The first quarter financial report for 2025 announced by TG Therapeutics shows that the Q1 revenue was 121 million US dollars, a year-on-year growth of 90.4%, higher than analysts' expectations by 3 million US dollars; GAAP earnings per share were $0.03, lower than analysts' expectations by $0.14.
At the beginning of Monday's trading session, shares of biopharmaceutical company TG Therapeutics (TGTX.US) plummeted nearly 15% as of the time of writing. On the news front, TG Therapeutics announced its financial results for the first quarter of 2025, with Q1 revenue reaching $121 million, a year-on-year increase of 90.4%, surpassing analyst expectations by $3 million. GAAP earnings per share were $0.03, falling short of analyst expectations by $0.14.