FBIO Stock - Fortress Biotech, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $57.67M | $84.51M | $75.74M | $68.79M | $45.60M |
| Gross Profit | $36.80M | $61.62M | $44.97M | $36.71M | $31.00M |
| Gross Margin | 63.8% | 72.9% | 59.4% | 53.4% | 68.0% |
| Operating Income | $-110,379,000 | $-142,342,000 | $-203,564,000 | $-188,541,000 | $-94,270,000 |
| Net Income | $-45,997,000 | $-60,637,000 | $-86,575,000 | $-64,703,000 | $-46,526,000 |
| Net Margin | -79.8% | -71.7% | -114.3% | -94.1% | -102.0% |
| EPS | $-2.69 | $-8.47 | $-14.55 | $-11.85 | $-9.75 |
Fortress Biotech, Inc., a biopharmaceutical company, develops and commercializes pharmaceutical and biotechnology products. The company markets dermatology products, such as Ximino capsules to treat only inflammatory lesions of non-nodular moderate to severe acne vulgaris; Targadox for severe acne; Exelderm cream for ringworm and jock itch symptoms; Ceracade for dry skin conditions; Luxamend for dressing and managing wounds; and Accutane capsules for severe recalcitrant nodular acne. It also develops late stage product candidates, such as intravenous Tramadol for the treatment of post-operative acute pain; CUTX-101, an injection for the treatment of Menkes disease; MB-107 and MB-207 for the treatment of X-linked severe combined immunodeficiency; Cosibelimab for metastatic cancers; CK-101 for the treatment of patients with EGFR mutation-positive NSCLC; CAEL-101 for the treatment of amyloid light chain amyloidosis; Triplex vaccine for cytomegalovirus; and CEVA101 for the treatment of severe traumatic brain injury in adults and children. The company's early stage product candidates include MB-102 for blastic plasmacytoid dendritic cell neoplasm; MB-101 for glioblastoma; MB-104 for multiple myeloma and light chain amyloidosis; MB-106 for B-cell non-hodgkin lymphoma; MB-103 for GBM & metastatic breast cancer to brain; MB-108; MB-105 for prostate and pancreatic cancers; and BAER-101. Its preclinical product candidates comprise AAV-ATP7A gene therapy; AVTS-001 gene therapy; CK-103 BET inhibitor; CEVA-D and CEVA-102; CK-302, an anti-GITR; CK-303, an anti-CAIX; ConVax; and ONCOlogues, and oligonucleotide platform. It has collaboration arrangements with universities, research institutes, and pharmaceutical companies. The company was formerly known as Coronado Biosciences, Inc. and changed its name to Fortress Biotech, Inc. in April 2015. Fortress Biotech, Inc. was incorporated in 2006 and is based in Bay Harbor Island, New York.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| March 15th 2024 | ROTH MKM | Resumed | Buy | $10 |
| August 4th 2022 | Ladenburg Thalmann | Initiation | Buy | $6 |
Earnings History & Surprises
FBIOEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q1 2026 | Mar 30, 2026 | $0.49 | — | — | — |
Q4 2025 | Nov 14, 2025 | $-0.43 | $0.11 | +125.6% | ✓ BEAT |
Q3 2025 | Aug 14, 2025 | $-0.31 | $-0.46 | -48.4% | ✗ MISS |
Q2 2025 | May 21, 2025 | $-0.44 | $-1.03 | -134.1% | ✗ MISS |
Q1 2025 | Mar 27, 2025 | $-0.79 | $-0.53 | +32.9% | ✓ BEAT |
Q4 2024 | Nov 14, 2024 | $-0.27 | $-0.76 | -181.5% | ✗ MISS |
Q3 2024 | Aug 13, 2024 | $-1.32 | $-0.73 | +44.7% | ✓ BEAT |
Q2 2024 | May 15, 2024 | $-2.03 | $-1.03 | +49.3% | ✓ BEAT |
Q1 2024 | Mar 28, 2024 | $-1.97 | $-0.53 | +73.1% | ✓ BEAT |
Q4 2023 | Nov 14, 2023 | $-3.53 | $-0.94 | +73.4% | ✓ BEAT |
Q3 2023 | Aug 14, 2023 | $-3.90 | $-3.60 | +7.7% | ✓ BEAT |
Q2 2023 | May 15, 2023 | $-2.85 | $-3.15 | -10.5% | ✗ MISS |
Q1 2023 | Mar 30, 2023 | $-3.30 | $-4.50 | -36.4% | ✗ MISS |
Q4 2022 | Nov 14, 2022 | $-4.05 | $-3.75 | +7.4% | ✓ BEAT |
Q3 2022 | Aug 11, 2022 | $-3.00 | $-3.60 | -20.0% | ✗ MISS |
Q2 2022 | May 12, 2022 | $-4.20 | $-2.70 | +35.7% | ✓ BEAT |
Q1 2022 | Mar 28, 2022 | $1.50 | $-5.70 | -480.0% | ✗ MISS |
Q4 2021 | Nov 15, 2021 | $-1.20 | $-3.90 | -225.0% | ✗ MISS |
Q3 2021 | Aug 16, 2021 | $-2.10 | $-0.60 | +71.4% | ✓ BEAT |
Q2 2021 | May 16, 2021 | $-2.55 | $-1.65 | +35.3% | ✓ BEAT |
Latest News
Fortress Biotech shares are trading higher after the company and its subsidiary, Cyprium Therapeutics, announced that the FDA has accepted the resubmission of the NDA for CUTX-101, intended to treat Menkes disease in pediatric patients.
📈 PositiveFortress Biotech And Cyprium Therapeutics Announce FDA Acceptance Of Resubmission Of CUTX-101 NDA
📈 PositiveFortress Biotech Q3 EPS $0.11 Beats $(0.42) Estimate, Sales $17.631M Miss $21.018M Estimate
➖ NeutralFortress Biotech And Urica Therapeutics Announce Crystalys Therapeutics Dosed First Patients In Global Phase 3 Trials Of Dotinurad For Gout
📈 PositiveFortress Biotech shares are trading lower. The company's subsidiary, Cyprium Therapeutics, announced that the FDA issued a Complete Response Letter related to the New Drug Application for CUTX-101.
📉 NegativeFortress Biotech plunges as FDA rejects rare disease drug
📉 NegativeFortress Biotech And Cyprium Therapeutics Announce FDA Issues CRL Relating To NDA For CUTX-101, Intended To Treat Menkes Disease In Pediatric Patients
📉 NegativeFortress Biotech Announces FDA Issued Complete Response Letter Related To NDA For CUTX-101
📉 NegativeFortress Biotech shares are trading higher. HC Wainwright & Co. maintained a Buy rating on the stock.
📈 PositiveHC Wainwright & Co. Maintains Buy on Fortress Biotech, Lowers Price Target to $17
➖ NeutralFrequently Asked Questions about FBIO
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