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Theratechnologies sees 2022 revenue $80M, consensus $79.38M
The Fly

Theratechnologies sees 2022 revenue $80M, consensus $79.38M

CEO Paul Levesque said, "With nearly a month left before we report our full fiscal year 2022 results, I am pleased to note that we have met our previously announced guidance and expect to report ~$80 million in top line revenues. Our full year results represent approximately 15% in year-over-year growth in the commercial business. We are also pleased to outline our fiscal year 2023 key objectives and strategies. In guiding our focus for the new year, we are placing a strong emphasis on maintaining the solid growth of our commercial business, while allocating financial resources thoughtfully to achieve positive EBITDA by the end of 2023. Under these principles of value creation, we aim to further strengthen our vibrant commercial businesses, while continuing to assess our TH1902 clinical trial and SORT1+ Technology platform. We believe these strategic steps will position us for top line growth for the foreseeable future."

Published first on TheFly

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