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Stock impact report

H.C. Wainwright Reiterates a Buy on Delcath Systems (DCTH), Lowers the PT [Yahoo! Finance]

Delcath Systems, Inc. (DCTH) 
US:NASDAQ Investor Relations: delcath.com/investors
Company Research Source: Yahoo! Finance
Wainwright reiterated a Buy rating on Delcath Systems, Inc. (NASDAQ:DCTH), but lowered the price target from $31 to $30. ?Earlier on November 4, Delcath Systems, Inc. (NASDAQ:DCTH) released results for its fiscal Q3 2025. The company posted a revenue of $20.6 million, up from $11.2 million last year. Moreover, the EPS came in at $0.02, ahead of the consensus by $0.08. Management attributed revenue growth to HEPZATO KIT and CHEMOSAT revenues. The HEPZATO KIT revenue grew to $19.3 million from $10 million year-over-year, and CHEMOSAT revenue increased from $1.2 million in Q3 2024 to $1.3 million in the latest quarter. Notably, the gross margins also improved from 85% to 87% during the same time. ?However, despite the strong performance, management lowered the full-year revenue guidance and now expects it to be in the range of $83 million to $85 million, down from the previous range of $93 million to $96 million. Management noted that this is due to a slowdown in new patient starts, Show less Read more
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