Imprimis’ Q3-2017 Ophthalmic Revenues Increase 60 Percent, Total $4.9 Million

November 17, 2017: By Jon Swedien

Imprimis Pharmaceuticals’ gross revenues related to ophthalmology totaled $4.9 million in Q3-2017, a 60 percent increase over Q3-2016, the San Diego-based company reported Nov. 14.

The company’s overall revenues reached $6.5 million in Q3-2017, a 34 percent increase compared with its Q3-2016 revenues.

Imprimis hopes to become profitable in the near future, CEO Mark Baum told analysts during a Nov. 14 conference call.

The company’s CFO, Andrew Boll, said Imprimis needs to generate about $8.5 million in revenues a quarter to pass the break-even point, which would be a 19 percent increase over its Q3-2017 revenues. Boll said Imprimis should reach that goal in the “near term.”

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