Phathom Pharmaceuticals Inc (NAS:PHAT)
$ 8.98 +0.10 (+1.18%) Market Cap: 726.49 Mil Enterprise Value: 711.12 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 25/100

Q4 2024 Phathom Pharmaceuticals Inc Earnings Call Transcript

Mar 6, 2025 / 01:30 PM GMT
Release Date Price: $5.9 (-2.96%)

Key Points

Positve
  • Phathom Pharmaceuticals Inc (PHAT) secured FDA approval for non-erosive GERD, enhancing their product portfolio.
  • The company reported strong commercial coverage, with over 120 million lives covered, facilitating access to their product.
  • Phathom Pharmaceuticals Inc (PHAT) achieved over 300,000 prescriptions filled, indicating strong market demand.
  • The company is investing in a new consumer campaign to increase brand awareness and drive growth.
  • Phathom Pharmaceuticals Inc (PHAT) ended the year with $297 million in cash, providing a solid financial foundation for future investments.
Negative
  • Phathom Pharmaceuticals Inc (PHAT) anticipates a softened first quarter in 2025 due to industry-wide seasonal dynamics.
  • The company faces limited Medicare and Medicaid coverage, which could restrict access for some patients.
  • There is uncertainty surrounding the FDA's decision on their citizen petition, which could impact regulatory exclusivity.
  • Phathom Pharmaceuticals Inc (PHAT) reported a GAAP net loss of $74.5 million for the fourth quarter of 2024.
  • The company expects increased R&D and SG&A expenses in 2025, which could pressure profitability.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PHAT.OQ - Phathom Pharmaceuticals Inc
Q4 2024 Phathom Pharmaceuticals Inc Earnings Call
Mar 06, 2025 / 01:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Hello and welcome to the Fathom Pharmaceuticals 4th quarter and full year 2024 earnings results call.

At this time, all participants are in a listen-only mode.

After the presentation, there will be a question and answer session. To ask a question during the session, you'll need to press 11 on your telephone.

You will then hear an automated message advising your hand is raised. To withdraw your question, please press 11 again.

Please be advised that today's call is being recorded.

With that, I would like to turn the conference over to Eric Shirili, Fathom's head of investor relations. Please go ahead.

----------------------------------------------------------------
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot