Y-mAbs Therapeutics' Q2 revenue falls 14%

Reuters08-08
Y-mAbs <a href="https://laohu8.com/S/LENZ">Therapeutics</a>' <a href="https://laohu8.com/S/QTWO">Q2</a> revenue falls 14%

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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