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Stock impact report

Buy Rating Reaffirmed: CorMedix Inc. (CRMD) Posts Profitability and Expands Outlook for 2025 [Yahoo! Finance]

CorMedix Inc. (CRMD) 
NASDAQ:AMEX Investor Relations: cormedix.com
Company Research Source: Yahoo! Finance
Wainwright's Brandon Folkes reaffirmed a Buy on CorMedix Inc. (NASDAQ:CRMD), citing strong DefenCath-driven revenue, Melinta acquisition synergies, and multiple growth catalysts including Rezzayo and TPN Phase 3 data in 2026. Despite TDAPA pricing risks, robust financials and pipeline potential support a favorable long-term outlook. Buy Rating Reaffirmed: CorMedix Inc. (CRMD) Posts Profitability and Expands Outlook for 2025 A stethoscope. Photo by Pixabay On November 12, CorMedix Inc. delivered strong third-quarter results, underscoring demand for specialty injectable therapies. It posted $104.3 million in net revenue and $130.8 million in pro forma net revenue, driven by higher utilization of DefenCath by outpatient dialysis customers. Likewise, the company bounced back to profitability, generating $108.6 million in net income, or $1.26 per share. It was an improvement from a net loss of $2.8 million, or $0.05 per share, delivered in the same quarter last year. Growth in net Show less Read more
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