tiprankstipranks
Rigel (RIGL)
NASDAQ:RIGL
US Market
Holding RIGL?
Track your performance easily

Rigel (RIGL) Earnings Dates, Call Summary & Reports

1,427 Followers

Earnings Data

Report Date
Feb 27, 2025
TBA Not Confirmed
Period Ending
2024 (Q4)
Consensus EPS Forecast
0.45
Last Year’s EPS
0
Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
---

Earnings Call Summary

Earnings Call Date:Nov 06, 2018
|
% Change Since: 30.38%
|
Next Earnings Date:Aug 08, 2018
Earnings Call Sentiment|Positive
Rigel Pharmaceuticals reported strong financial performance with significant revenue growth and international expansion. The addition of GAVRETO contributed positively, although there were minor challenges in transitioning certain accounts. Overall, the company achieved positive net income, marking a successful quarter.
Company Guidance
During the Rigel Pharmaceuticals earnings call for Q3 2024, the company provided guidance highlighting significant growth across its commercial portfolio, achieving total net sales of $38.9 million, a 44% increase compared to the same quarter in 2023. This growth was driven by the addition of GAVRETO, which generated $7.1 million in net product sales, and continued year-over-year growth for TAVALISSE and REZLIDHIA. The company also expanded its international reach with a new agreement with Kissei, including a $10 million upfront payment and potential future milestones totaling up to $152 million. Rigel emphasized its focus on financial discipline, marking a milestone by achieving positive net income for the year-to-date. Additionally, the company outlined its development pipeline progress, including the advancement of R289 in lower-risk MDS and strategic collaborations with MD Anderson and CONNECT. As Rigel heads into 2025, it aims to maintain momentum by executing on its strategic objectives and expanding its portfolio.
Record Revenue Growth
Total net sales for Q3 2024 reached $38.9 million, marking a 44% increase compared to Q3 2023. This growth was driven by the addition of GAVRETO, which generated $7.1 million in net product sales.
Expanded International Presence
Rigel expanded its product presence outside the U.S. through a new agreement with Kissei to develop and commercialize REZLIDHIA in Japan, Korea, and Taiwan, including a $10 million upfront payment.
Strong Performance of TAVALISSE and REZLIDHIA
TAVALISSE shipped 2,797 bottles, a 16% increase from Q3 2023, while REZLIDHIA sales more than doubled with $5.5 million in net product sales.
Positive Net Income Achieved
Rigel achieved positive net income for the first time in the third quarter year-to-date, signaling strong financial performance and discipline.
---

Rigel (RIGL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

RIGL Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 08, 20182018 (Q2)
- / -0.16
-0.160.00% (0.00)
Nov 06, 20182018 (Q3)
- / -0.14
-0.140.00% (0.00)
Feb 28, 20192018 (Q4)
- / 0.02
-0.18111.11% (+0.20)
May 07, 20192019 (Q1)
- / -0.11
-0.1735.29% (+0.06)
Aug 06, 20192019 (Q2)
- / -0.12
-0.1625.00% (+0.04)
Nov 05, 20192019 (Q3)
- / -0.07
-0.1450.00% (+0.07)
Feb 27, 20202019 (Q4)
- / -0.10
0.02-600.00% (-0.12)
May 05, 20202020 (Q1)
- / 0.13
-0.11218.18% (+0.24)
Aug 04, 20202020 (Q2)
- / -1.00
-1.216.67% (+0.20)
Nov 05, 20202020 (Q3)
- / -0.80
-0.7-14.29% (-0.10)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---

RIGL Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 07, 2024$15.44$22.07+42.94%
Aug 06, 2024$9.33$9.87+5.79%
May 07, 2024$11.90$9.92-16.64%
Mar 05, 2024$14.80$15.60+5.41%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---

FAQ

When does Rigel (RIGL) report earnings?
Rigel (RIGL) is schdueled to report earning on Feb 27, 2025, TBA Not Confirmed.
    What is Rigel (RIGL) earnings time?
    Rigel (RIGL) earnings time is at Feb 27, 2025, TBA Not Confirmed.
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is RIGL EPS forecast?
          RIGL EPS forecast for the fiscal quarter 2024 (Q4) is 0.45.
            ---
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis