ANIK
Anika Therapeutics, Inc.9.51
-0.06-0.63%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
137.15MP/E (TTM)
-Basic EPS (TTM)
-0.99Dividend Yield
0%Recent Filings
10-K
8-K
8-K
8-K
Q3 results; Hyalofast PMA filed
Anika Therapeutics reported Q3 revenue of $27.8M, down 6% year-over-year, with Commercial Channel up 22% to $12.0M on Integrity and international growth, offset by 20% OEM drop to $15.8M from U.S. pricing. Key milestone: filed final Hyalofast PMA module October 31, 2025, with Phase III data showing significant secondary endpoint wins despite missed primaries. Integrity doubles procedures in 2025. Reaffirms FY25 guidance; launches $15M buyback.
10-Q
Q3 FY2025 results
Anika Therapeutics posted Q3 revenue of $27.8M, down 6% y/y from $29.6M yet stable q/q, with gross margin slipping to 56% from 66% on higher inventory reserves and manufacturing costs. OEM channel (63% of sales, led by J&J MedTech at 51%) dropped 20% y/y on pricing, while commercial channel rose 22% via international OA pain and regenerative gains like Integrity and Hyalofast. Operating loss widened to $3.2M from near-breakeven, driven by R&D up 17% for Cingal and Hyalofast; net loss narrowed to $2.3M ($0.16/share) thanks to discontinued ops gain. Cash grew to $58M with $6.6M YTD operating cash flow; $75M revolver untapped. Sold Parcus Medical in March 2025 for $4.5M cash. J&J MedTech controls U.S. sales.
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