SIGA Earnings Prediction
The chart below shows how SIGA performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SIGA sees a -5.75% change in stock price 10 days leading up to the earnings, and a +14.76% change 10 days following the report. On the earnings day itself, the stock moves by +0.68%. This data can give you a slight idea of what to expect for the next quarter's release.
SIGA Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
10.01M
8.39%
-54.11%
Gross Margin
83.81%
-8.27%
92.45%
Operating Margin
5.42%
141.41%
9.49%
Net Margin
13.43%
415.26%
59.88%
EPS
0.02
300.00%
-33.33%
No Data Available
SIGA Earnings Analysis
SIGA Technologies Inc. Corporation (SIGA.O) Earnings Conference Call
Positive
Procurement Orders Surge: SIGA secured $122 million in procurement orders in Q3 2024, continuing its strong business momentum.
Procurement Orders Surge: Outstanding procurement orders reached $146 million at the end of Q3 2024, positioning SIGA for substantial revenues in Q4 2024 and into 2025.
Product Sales Overview: Product sales for the nine months ended September 30, 2024, were $53 million, with $9 million related to Q3 2024.
Strong Balance Sheet Status: The company maintained a strong balance sheet with a cash balance of $99 million and no debt as of September 30, 2024.
Cash Dividend Payment: SIGA paid a cash dividend of $0.60 per share on April 11, 2024, amounting to a $43 million payment to shareholders.
Negative
Product Sales Growth: SIGA's product sales for the nine months ended September 30, 2024, continued to outpace product sales for the comparable period in 2023, with product revenue for the nine months ended September 30, 2024, being $53 million, which includes $9 million related to the third quarter.
Government Contract Revenue: In the third quarter, there was an $8 million oral TPOXX delivery to the US Strategic National Stockpile (SNS), and $1 million of international sales, indicating a reliance on government contracts for revenue.
Operating Income Decline: Pre-tax operating income for the three months ended September 30, 2024, was $0.5 million, a significant decrease compared to $13 million for the nine months ended September 30, 2023, reflecting a decline in profitability.
Earnings Decline Analysis: Net income for the three months ended September 30, 2024, was $1 million, down from $13 million for the nine months ended September 30, indicating a sharp decline in earnings year-over-year.
Operating Loss Report: The company reported a pre-tax operating loss for the three and nine months ended September 30, 2023, of $1 million and $8 million respectively, highlighting ongoing financial challenges.
SIGA FAQs
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SIGA Earning Call Sentiment
SIGA Technologies, Inc. (SIGA) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
SIGA.O
2.19%Positive
The earnings call highlights strong product revenue growth, successful government contracts, and a solid financial position with no debt. The Q&A section addresses supply chain and market acceptance concerns but shows confidence in ongoing operations. The special cash dividend and new contracts bolster shareholder returns. Despite regulatory and market risks, optimistic guidance and financial recovery suggest a positive outlook, likely leading to a 2% to 8% stock price increase.
