Phathom Pharmaceuticals Azioni (NASDAQ: PHAT)

Ultime notizie per Phathom Pharmaceuticals (NASDAQ:PHAT) Azioni

Phathom Pharmaceuticals

Phathom Pharmaceuticals Inc operates as a clinical-stage biopharmaceutical company. The firm is focused on developing and commercializing novel treatments for gastrointestinal, or GI, diseases. Its product comprises vonoprazan, an oral small-molecule potassium competitive acid blocker medicine that blocks acid secretion in the stomach. Vonoprazan shows rapid, potent, and durable anti-secretory effects and has demonstrated clinical benefits in the treatment of gastroesophageal reflux disease, and in combination with antibiotics for the treatment of Helicobacter pylori infection.

Phathom Pharmaceuticals, Inc. - Common Stock

Phathom Pharmaceuticals Inc

Volato Group, Inc. ("Volato," or the "Company") (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SOAR#NYSE">SOAR</a>) is excited to announce that Vaunt has reached an important milestone, with the first flyExclusive flights now available on the platform. This is the start of a larger effort to expand the flight options available to Vaunt members, with more additions and features planned in the coming months.
flyExclusive brings a range of light, midsize, and super-midsize jets to Vaunt, significantly expanding the choices available to users. This first step lays the groundwork for future growth, as Volato works to steadily increase flight availability and deliver a more robust platform for private travelers.

News

SOAR

Volato Group Announces Vaunt Reaches First Milestone With flyExclusive Flights Now Available On The Platform

Open Lending (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LPRO#NASDAQ">LPRO</a>) reported quarterly earnings of $0.01 per share which missed the analyst consensus estimate of $0.04 by 75 percent. The company reported quarterly sales of $23.476 million which missed the analyst consensus estimate of $29.379 million by 20.09 percent. This is a 9.73 percent decrease over sales of $26.006 million the same period last year.

Earnings

Earnings Misses

LPRO

Open Lending Q3 2024 GAAP EPS $0.01 Misses $0.04 Estimate, Sales $23.476M Miss $29.379M Estimate

Despite claiming over 100,000 lives annually, the U.S. overdose crisis received minimal attention during the recent presidential campaign, which concluded with Donald Trump&#8217;s <a href="https://www.benzinga.com/markets/cannabis/24/11/41776510/cannabis-industry-leaders-react-to-trump-victory-expect-changes">victory</a>. This oversight comes as overdose deaths continue to rise among Black and Indigenous Americans, revealing a growing racial disparity in the epidemic.
<h3 class="wp-block-heading">Rising Racial Disparities In Overdose Deaths</h3>
According to a Stateline analysis of federal data <a href="https://kentuckylantern.com/2024/11/04/overdose-deaths-are-rising-among-black-and-indigenous-americans/">covered</a> by Tim Henderson, overdose deaths among white Americans have declined, but deaths among people of color have increased. In 2023, Black and Native Americans experienced overdose death rates of 49.5 and 39.8 per 100,000 people, respectively, surpassing white rates. Health experts attribute this to a lack of targeted resources and funding in nonwhite communities.
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&#8220;It is our contention that Black harm reduction isn't about drug use, it's about the harms of not being a white person in this country,&#8221; said Tracie Gardner, co-director of the National Black Harm Reduction Network. Communities of color often struggle to access harm reduction services, which are predominantly designed and led by white institutions.
<h3 class="wp-block-heading">Minimal Campaign Attention</h3>
Throughout the campaign, Trump and his opponent, Vice President Kamala Harris, <a href="https://www.benzinga.com/markets/cannabis/24/10/41299527/kamala-harris-defends-immigration-policy-at-latino-town-hall-criticizes-trumps-border-stance">focused largely on border security and drug enforcement</a> rather than harm reduction strategies.&nbsp;
As a recent Fitler Mag <a href="https://filtermag.org/overdose-presidential-election/">article</a> notes, Trump&#8217;s official platform emphasized escalating the drug war, proposing measures like deploying the U.S. Navy to impose a &#8220;full Fentanyl Blockade&#8221; and cracking down on cartels. Harris, while mentioning a commitment to ending the opioid epidemic, highlighted her background in prosecutions and supported increased border security measures.
Public health experts criticize this approach for failing to address the root causes of the crisis. Kassandra Frederique, executive director of the Drug Policy Alliance, noted that efforts have &#8220;ultimately fallen short of the scale and magnitude this crisis demands.&#8221;
<h3 class="wp-block-heading">Rising Demand For Narcan</h3>
Amid this policy void, demand for naloxone—commonly known by the brand name Narcan—is increasing sharply. Over 250 companies, universities and organizations have pledged to provide free doses of the overdose-reversing medication, <a href="https://www.npr.org/sections/shots-health-news/2024/10/08/nx-s1-5145832/250-companies-schools-and-organizations-pledge-to-provide-overdose-antidote-naloxone">according</a> to NPR. Major corporations like Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), United Airlines (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and the National Hockey League are participating in this national effort to curb fatalities.
White House officials noted that the wider availability of naloxone has contributed to a recent 10% decline in overall overdose deaths. &#8220;From airlines to classrooms, from offices to sports arenas, we are grateful to have hundreds of voluntary commitments from organizations and businesses across the country,&#8221; stated Dr. Rahul Gupta, the Biden administration&#8217;s drug czar, prior to the election.
However, experts caution that fatalities remain high, especially among marginalized communities.
<h3 class="wp-block-heading">Emergent BioSolutions Sees Stock Surge</h3>
Meanwhile, Emergent BioSolutions Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EBS#NYSE">EBS</a>), the manufacturer of Narcan, has seen its stock perform strongly in 2024. With a diverse portfolio addressing public health threats, the company&#8217;s financial recovery and strategic government contracts position it favorably in the market, <a href="https://www.insidermonkey.com/blog/emergent-biosolutions-inc-ebs-a-standout-among-best-performing-cheap-stocks-in-2024-1371074/">noted</a> Insider Monkey. EBS reported significant revenue growth and reduced debt, contributing to a year-to-date share price gain of over 280%.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/23/03/31549189/fda-approves-over-the-counter-sale-of-opioid-reversal-drug-narcan">FDA Approves Over The Counter Sale Of Opioid Reversal Drug Narcan</a>
Analysts attribute part of Emergent&#8217;s success to the increasing recognition of naloxone&#8217;s importance in combating the overdose crisis. As more organizations stock Narcan, the company&#8217;s role becomes ever more critical.
<h3 class="wp-block-heading">Barriers To Harm Reduction Access Persist</h3>
As the new administration takes office, the neglect of the overdose crisis in election debates raises questions about the future of <a href="http://benzinga.com/topic/harm-reduction">harm reduction</a> policies under the new administration. Advocates urge the government to prioritize effective strategies over punitive measures.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cannabis/24/11/41780260/canopy-growth-and-other-top-cannabis-companies-to-report-earnings-will-results-get-pot-stocks-on">Canopy Growth And Other Top Cannabis Companies To Report Earnings: Will Results Get Pot Stocks On Track Following Post-Election Dip?</a></li>
</ul>

Cannabis

Government

Health Care

Politics

AMZN

Overdose Crisis In Shadows Of Elections As Black, Indigenous Americans Deaths Rise

WIIM

ADMA

ADMA Biologics shares are trading higher after the company reported better-than-expected Q3 financial results and raised its FY24 and FY25 revenue guidance.

Transact Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TACT#NASDAQ">TACT</a>) lowers FY2024 sales outlook from $45.00 million-50.00 million to $43.00 million-45.00 million.

Guidance

TACT

Transact Technologies Lowers FY2024 Sales Guidance from $45.00M-50.00M to $43.00M-$45.00M  VS Est. $47.16M

Funko (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FNKO#NASDAQ">FNKO</a>) reported quarterly earnings of $0.14 per share which beat the analyst consensus estimate of $0.04 by 250 percent. This is a 366.67 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $292.765 million which beat the analyst consensus estimate of $289.601 million by 1.09 percent. This is a 6.45 percent decrease over sales of $312.944 million the same period last year.

Earnings Beats

FNKO

Funko Q3 2024 Adj. EPS $0.14 Beats $0.04 Estimate, Sales $292.765M Beat $289.601M Estimate

System1 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SST#NYSE">SST</a>) reported quarterly losses of $(0.34) per share which missed the analyst consensus estimate of $(0.29) by 17.24 percent. The company reported quarterly sales of $88.832 million which beat the analyst consensus estimate of $86.629 million by 2.54 percent. This is a 1.15 percent increase over sales of $87.818 million the same period last year.

System1 Q3 2024 GAAP EPS $(0.34) Misses $(0.29) Estimate, Sales $88.832M Beat $86.629M Estimate

Mexco Energy (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MXC#AMEX">MXC</a>) reported quarterly earnings of $0.15 per share. This is a 25 percent increase over earnings of $0.12 per share from the same period last year. The company reported $1.75 million in sales this quarter. This is a 24.32 percent increase over sales of $1.41 million the same period last year.

Mexco Energy Q2 EPS $0.15 Up From $0.12 YoY, Sales $1.75M Up From $1.41M YoY

QDEL

QuidelOrtho shares are trading higher after the company reported better-than-expected Q3 financial results and issued FY24 revenue above estimates.

RXST

RxSight shares are trading lower. The company reported Q3 financial results.

EPRX

Eupraxia Pharmaceuticals Reports Q3 Net Income Of $(6.0)M, Down From $(4.9)M Loss Last Year

TELA Bio (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TELA#NASDAQ">TELA</a>) reported quarterly losses of $(0.42) per share which missed the analyst consensus estimate of $(0.41) by 2.44 percent. This is a 6.67 percent increase over losses of $(0.45) per share from the same period last year. The company reported quarterly sales of $18.957 million which beat the analyst consensus estimate of $18.852 million by 0.56 percent. This is a 25.94 percent increase over sales of $15.052 million the same period last year.

TELA

TELA Bio Q3 2024 GAAP EPS $(0.42) Misses $(0.41) Estimate, Sales $18.957M Beat $18.852M Estimate

Tuscows Q3 Revenue $92.297M Up From 86.971M YoY

LCID

Lucid Group shares are trading higher after the company reported better-than-expected Q3 financial results.

Puma Biotechnology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PBYI#NASDAQ">PBYI</a>) .

PBYI

Puma Biotechnology expects Q424 Net Product Revenue: $46M-$48M; FY2024: $187M-$190M (Prev. $183M-$190M).

KTOS

Kratos Defense & Security shares are trading lower after the company reported worse-than-expected Q3 revenue results.

Offerings

Valley National Bancorp Announces Proposed Common Stock Offering

Bloom Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.08 by 112.5 percent. The company reported quarterly sales of $330.399 million which missed the analyst consensus estimate of $382.239 million by 13.56 percent. This is a 17.46 percent decrease over sales of $400.268 million the same period last year.

Bloom Energy Q3 2024 Adj. EPS $(0.01) Misses $0.08 Estimate, Sales $330.399M Miss $382.239M Estimate

Chesapeake Utilities (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPK#NYSE">CPK</a>) affirms FY2025 GAAP EPS guidance from $6.15-6.35 to $6.15-6.35 vs $6.25 analyst estimate..

Chesapeake Utilities Affirms FY2025 GAAP EPS Guidance from $6.15-6.35 to $6.15-6.35 vs $6.25 Est

CPRI

Capri Holdings shares are trading lower after the company reported worse-than-expected Q2 financial results.

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Analyst Joseph Stringer from Needham maintained a Buy rating on Phathom Pharmaceuticals (PHAT – Research Report) and keeping the price target at $2...

Phathom Pharmaceuticals' V oquezna: A Rising Star in GERD Treatment Market

Joseph Stringer, an analyst from Needham, maintained the Buy rating on Phathom Pharmaceuticals (PHAT – Research Report). The associated price targe...

Phathom Pharmaceuticals' V oquezna Shows Promising Market Penetration and Drives Buy Rating

Following Up On Phathom Pharmaceuticals

Buy Rating for Phathom Pharmaceuticals Amid Strong Voquezna Prescription Growth

Needham analyst Joseph Stringer maintained a Buy rating on Phathom Pharmaceuticals (PHAT – Research Report) today and set a price target of $26.00....

Buy Rating Affirmed: Phathom Pharmaceuticals' V oquezna Shows Promising Market Penetration and Growth Potential

Phathom's Voquezna: A Breakthrough Drug Facing Marketing Challenges

Craig-Hallum analyst Chase Knickerbocker maintained a Buy rating on Phathom Pharmaceuticals (PHAT – Research Report) today. The company's shares cl...

Phathom Pharmaceuticals (PHAT) Gets a Buy from Craig-Hallum

Phathom Pharmaceuticals GAAP EPS of -$1.32 beats by $0.21, revenue of $16.4M beats by $3.99M

In a report released today, Joseph Stringer from Needham reiterated a Buy rating on Phathom Pharmaceuticals (PHAT – Research Report), with a price ...

Phathom Pharmaceuticals Surpasses Expectations: Strong Q3 Performance and Bullish Outlook Drive Increased Revenue Estimates and Price Target

BYND

GRPN

PHAT

Press Releases

Phathom Pharmaceuticals to Report Second Quarter 2024 Financial Results and Provide Business Update on Thursday, August 8, 2024

General

Phathom Pharmaceuticals Announces VOQUEZNA® (vonoprazan) Added to CVS Caremark Formularies for Commercially Insured Patients

Phathom Pharmaceuticals Reports Second Quarter 2024 Financial Results and Provides Business Update

Phathom Pharmaceuticals Announces Pricing of $130 Million Offering of Common Stock and Pre-Funded Warrants

Phathom Pharmaceuticals to Participate in Upcoming Investor Conferences

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Phathom Pharmaceuticals, Inc. (NASDAQ: PHAT)

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