Glaukos' Q4 preliminary sales rise 36%, beat estimates

Reuters01-14
Glaukos' Q4 preliminary sales rise 36%, beat estimates

Overview

  • Ophthalmic pharma firm's preliminary Q4 net sales rose 36%, beating analyst expectations

  • Company ended Q4 with $283 mln in cash and no debt

Outlook

  • Glaukos reaffirms 2026 revenue guidance of $600 mln to $620 mln

  • Company expects sustained growth momentum due to novel technology pipeline

Result Drivers

  • IDOSE TR SALES - iDose TR contributed $45 mln to U.S. Glaucoma net sales in Q4, highlighting its strong market performance

  • CORNEAL HEALTH SALES - Corneal Health net sales reached $24 mln in Q4, contributing to overall sales growth

  • INTERNATIONAL GROWTH - International Glaucoma net sales were $33 mln in Q4, supporting global sales increase

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Beat

$143 mln

$131.20 mln (14 Analysts)

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"

  • Wall Street's median 12-month price target for Glaukos Corp is $127.50, about 15% above its January 12 closing price of $110.91

Press Release: ID:nBwb0Y99a

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(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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