Overview
Y-mAbs Q2 2025 rev declines 14% yr/yr, adjusted EPS beats expectations
SERB Pharmaceuticals to acquire Y-mAbs for $412 mln, closing by Q4 2025
Co's acquisition agreement approved by Y-mAbs Board, tender offer by Aug. 19
Outlook
Y-mAbs did not provide further guidance due to pending acquisition
Company to be acquired by SERB Pharmaceuticals by Q4 2025
Result Drivers
U.S. REVENUE DECLINE - Driven by lower patient volume due to clinical study enrollments and increased competition
EX-U.S. REVENUE DROP - Attributed to absence of stocking orders from Western Europe and Eastern Asia
LICENSE REVENUE - $0.5 mln recognized from sales-based milestone achievements in Israel
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Product Revenue | $19.50 mln | ||
Q2 EPS | Beat | -$0.07 | -$0.27 (9 Analysts) |
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the pharmaceuticals peer group is "buy."
Wall Street's median 12-month price target for Y-mAbs Therapeutics Inc is $8.60, about 0.9% above its August 7 closing price of $8.52
Press Release: ID:nGNX47pmBL
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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