Arcutis Announces Preliminary Unaudited Fourth Quarter Product Revenue and Full-Year 2024 Product Revenues of Approximately $63 Million and $160 Million
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Arcutis Biotherapeutics has announced its preliminary unaudited product revenue for Q4 2024, which is expected to be around $63 million. This marks a significant increase of approximately 366% compared to Q4 2023. The full-year 2024 product revenue is projected to be approximately $160 million.
January 12, 2025 | 1:45 pm
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Arcutis Biotherapeutics reports a significant increase in Q4 2024 product revenue, up 366% from Q4 2023, with full-year 2024 revenue projected at $160 million.
The significant increase in quarterly and annual revenue suggests strong business performance and growth potential for Arcutis Biotherapeutics. This positive financial outlook is likely to boost investor confidence and drive the stock price up in the short term.
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RELEVANCE 100