Collegium Posts 3Q EPS of 60 Cents
COLL is trading near its 52-week low of $21.43 (12% above the low).
Summary
Collegium reported third-quarter EPS of 60 cents, the first hard earnings number out this quarter, alongside $216.3M in revenue, which slightly missed estimates. The bar to clear is the prior quarter, when revenue rose 6% year-over-year to $199.9M but the company swung to a $15.1M net loss on $23.3M of Azstarys acquisition costs and higher amortization. A 60-cent profit per share implies the cost drag from that deal is easing, and the company reaffirmed its 2026 guidance. The stock trades near $24, below the $25.70 price on the $50M accelerated buyback launched in August, so the repurchase has not been a floor.
At the time of this announcement, COLL was trading at $23.97 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $770.6M. The 52-week trading range was $21.43 to $50.79. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.