CollPlant Biotechnologies' Q3 revenue rises on rhCollagen sales, cuts workforce

Reuters
Yesterday
CollPlant Biotechnologies' Q3 revenue rises on rhCollagen sales, cuts workforce

Overview

  • CollPlant Q3 2025 revenue increased significantly due to higher rhCollagen product sales

  • Company announces 25% workforce reduction to extend cash runway

  • CollPlant expands North American distribution through new U.S. logistics partnership

Outlook

  • CollPlant expects North American logistics center to be operational this quarter

  • Company plans to prioritize collaboration with AbbVie in 2026

  • CollPlant seeks strategic partner for regenerative breast implant development

Result Drivers

  • RH COLLAGEN SALES - Increased sales of rhCollagen products contributed to revenue growth

  • ABBVIE MILESTONE PAYMENT - $2 mln milestone payment from AbbVie boosted revenue

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

9M Revenue

$2.30 mln

9M Adjusted EPS

-$0.58

9M EPS

-$0.69

9M Adjusted Net Income

-$7 mln

9M Net Income

-$8.30 mln

9M Operating Expenses

$10 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the biotechnology & medical research peer group is "buy"

  • Wall Street's median 12-month price target for Collplant Biotechnologies Ltd is $11.50, about 80.5% above its November 25 closing price of $2.24

Press Release: ID:nPn9sb26Va

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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