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NASDAQ:FBIO

Fortress Biotech Q1 2024 Earnings Report

Fortress Biotech logo
$1.93 +0.02 (+1.05%)
Closing price 04:00 PM Eastern
Extended Trading
$1.94 +0.01 (+0.52%)
As of 07:39 PM Eastern
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Fortress Biotech EPS Results

Actual EPS
-$1.03
Consensus EPS
-$2.03
Beat/Miss
Beat by +$1.00
One Year Ago EPS
N/A

Fortress Biotech Revenue Results

Actual Revenue
$13.03 million
Expected Revenue
$14.33 million
Beat/Miss
Missed by -$1.30 million
YoY Revenue Growth
N/A

Fortress Biotech Announcement Details

Quarter
Q1 2024
Time
N/A
Conference Call Date
Wednesday, May 15, 2024
Conference Call Time
7:00AM ET

Upcoming Earnings

Fortress Biotech's Q2 2025 earnings is scheduled for Tuesday, August 12, 2025, with a conference call scheduled at 4:00 PM ET. Check back for transcripts, audio, and key financial metrics as they become available.

Fortress Biotech Earnings Headlines

FBIO Fortress Biotech, Inc. - Seeking Alpha
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About Fortress Biotech

Fortress Biotech (NASDAQ:FBIO) is a biopharmaceutical company engaged in the acquisition, development and commercialization of pharmaceutical and biotechnology products. Through an innovative business model, it partners with a network of subsidiary companies to advance therapeutics across a range of therapeutic areas, including oncology, immunology, rare diseases and infectious diseases. The company seeks to leverage strategic collaborations, licensing agreements and internal research to build a diversified portfolio of pipeline assets.

The company’s product candidates encompass both clinical-stage and preclinical therapies. Key programs target solid tumors, hematologic malignancies, autoimmune conditions and neurological disorders. Fortress Biotech works with global partners to facilitate development and distribution, with ongoing clinical trials in North America, Europe and Asia. Commercial products are supported through specialty pharmacies, contract manufacturing organizations and strategic alliances aimed at optimizing patient access and supply chain efficiency.

Founded in 2006 and headquartered in Bay Harbor Islands, Florida, Fortress Biotech has grown through a series of partnerships and spin‐outs, fostering a collaborative ecosystem of affiliated biopharma companies. The leadership team is led by Chairman and Chief Executive Officer Lindsay A. Rosenwald, M.D., who brings extensive experience in biotechnology investing and product development. Senior management includes seasoned executives in regulatory affairs, clinical development, business development and corporate finance, guiding the company’s efforts to advance innovative therapies for unmet medical needs.

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