Latest news with #SIGA
Yahoo
10-05-2025
- Business
- Yahoo
SIGA Technologies First Quarter 2025 Earnings: US$0.006 loss per share (vs US$0.14 profit in 1Q 2024)
Revenue: US$7.04m (down 72% from 1Q 2024). Net loss: US$408.2k (down by 104% from US$10.3m profit in 1Q 2024). US$0.006 loss per share (down from US$0.14 profit in 1Q 2024). We check all companies for important risks. See what we found for SIGA Technologies in our free report. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Pharmaceuticals industry in the US. Performance of the American Pharmaceuticals industry. The company's share price is broadly unchanged from a week ago. While earnings are important, another area to consider is the balance sheet. See our latest analysis on SIGA Technologies' balance sheet health. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
01-05-2025
- Business
- Yahoo
SIGA to Host Business Update Call on May 8, 2025 Following Release of First-Quarter 2025 Results
NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- SIGA Technologies, Inc. (SIGA) (Nasdaq: SIGA), a commercial-stage pharmaceutical company, today announced that management will host a webcast and conference call to provide a business update at 4:30 P.M. ET on Thursday, May 8, 2025. Participating in the call will be Diem Nguyen, Chief Executive Officer, and Daniel Luckshire, Chief Financial Officer. A live webcast of the call will also be available on the Company's website at in the Investor Relations section of the site, or by clicking here. Please log in approximately 5-10 minutes prior to the scheduled start time. Participants may access the call by dialing 1-800-717-1738 for domestic callers or 1-646-307-1865 for international callers. A replay of the call will be available for two weeks by dialing 1-844-512-2921 for domestic callers or 1-412-317-6671 for international callers and using Conference ID: 1160299. The archived webcast will be available in the Investor Relations section of the Company's website. About SIGA SIGA is a commercial-stage pharmaceutical company and leader in global health focused on the development of innovative medicines to treat and prevent infectious diseases. With a primary focus on orthopoxviruses, we are dedicated to protecting humanity against the world's most severe infectious diseases, including those that occur naturally, accidentally, or intentionally. Through partnerships with governments and public health agencies, we work to build a healthier and safer world by providing essential countermeasures against these global health threats. Our flagship product, TPOXX® (tecovirimat), is an antiviral medicine approved in the U.S. and Canada for the treatment of smallpox and authorized in Europe, the UK, and Japan for the treatment of smallpox, mpox (monkeypox), cowpox, and vaccinia complications. For more information about SIGA, visit Contacts: Suzanne Harnett sharnett@ and Investors Media Jennifer Drew-Bear, Edison GroupJdrew-bear@ Holly Stevens, CG Life hstevens@ in to access your portfolio
CBC
18-02-2025
- Business
- CBC
The house loses again: Court dismisses SIGA's appeal of $1.2M awarded to wrongfully fired worker
The Saskatchewan Indian Gaming Authority (SIGA) couldn't convince a panel of judges to overturn a decision that awarded a wrongfully fired worker $1.2 million to cover long-term disability costs, plus $50,000 in damages for SIGA's "reprehensible behaviour" during the 12-year legal battle. Last week, the Saskatchewan Court of Appeal dismissed SIGA's appeal of a 2022 decision that found the casino operator wrongfully fired Chadwick 'Chad' Pasap, a longtime employee at Bear Claw Casino near Carlyle, Sask. The earlier court decision awarded Pasap $1.2 million in damages for lost long-term disability payments for his wrongful termination in 2012 and chided SIGA for its conduct during legal proceedings. "I agree that SIGA engaged in reprehensible behaviour by fabricating the reason Mr. Pasap left his employment and then by maintaining that position for close to ten years," Justice Janice McMurty wrote in her decision. Pasap worked his way up from a general labourer to a facilities manager supervising other employees. A back injury put him on temporary disability leave, but shortly after returning to work in 2012 he was fired. SIGA argued Pasap resigned his position and therefore did not qualify for benefits. Pasap argued he was given a choice by his manager: resign or be fired. SIGA claimed Pasap's job performance sharply declined, but the court noted SIGA failed to present any evidence proving so. The complexity of the case stemmed from the "notice period" — the set amount of time a dismissed employee remains eligible for benefits when given sufficient notice of termination. A few months after he was fired, Pasap suffered congestive heart failure, which required multiple surgeries and left him with long-term disabilities. "Had [Pasap] not been wrongfully dismissed or fired, he would have been eligible for long-term disability benefits," said Regina-based lawyer Jeff Grubb, who represented Pasap during the appeal. "Since he was wrongfully fired, he didn't have access to those benefits through the benefits provider. And so in accordance with the law, when that happens, the employer becomes liable for those lost benefits." The initial court decision ruled SIGA failed to follow its own employment policies when it dismissed Pasap and therefore he was eligible for long-term disability benefits until age 65. Pasap was 47 when SIGA fired him in 2012. The court ruled that Pasap's notice period would have been eight months, had SIGA properly dismissed him. Grubb said Pasap was very active and respected on White Bear First Nation, but that's changed since the heart failure. "Chad has really struggled since the medical incident," Grubb said. "He's tried to work and he's had difficulty doing it. He's just not the same person he was before. So that's been a challenge for him. But he perseveres." SIGA runs seven casinos across the province and reported $138.8 million in profit on revenue of $346.6 million in the 2023-24 fiscal year.
