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Valeo Pharma 2Q results show same form as 1Q with guidance revealing record quarterly revenue

--News Direct--

Valeo Pharma CEO Steve Saviuk joined Steve Darling from Proactive to share guidance for the company’s second-quarter that reveal it is heading for the sixth straight quarter of record revenue.

The company said it expects 2Q revenue to exceed $13.5 million while its adjusted underlying (EBITDA) loss will decrease to below $2 million as the company heads to profitability.

Saviuk told Proactive the number continues to be driven by Asthma medications ENERZAIR and ATECTURA which saw quarterly revenues grow 270% over this time last year. In fact, the total number of prescribing physicians also grew and is now expected to exceeds 2,000.

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Proactive Investors

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View source version on newsdirect.com: https://newsdirect.com/news/valeo-pharma-2q-results-show-same-form-as-1q-with-guidance-revealing-record-quarterly-revenue-745479485

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