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The strong revenue growth and increased sales guidance suggest a positive outlook. Historical examples show that solid earnings can lead to sustained stock price increases in the biotech sector, especially when combined with FDA approvals.
What happened, with direct paths to the underlying reporting
Telix's Q3 revenue reached $206 million, up 53% YoY. PSMA imaging revenue rose 17% to $155 million. Gozellix receives full CMS reimbursement effective October 1. Fiscal year 2025 sales guidance increased to $800M-$820M. Stock price increased 3.60% to $9.88.
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