
• Reported GAAP EPS of $0.18 down -18.18% YoY • Reported revenue of $128.62M up 312.10% YoY • CorMedix reiterates its 2026 guidance, projecting net revenue between $300M and $320M and adjusted EBITDA between $100M and $125M, reflecting its strategic outlook.
Bullish
CorMedix achieved strong Q4 net revenue of $128.6M, driven by DefenCath and Melinta, with Adjusted EBITDA increasing to $77.2M. The company also approved a $75M share repurchase program.
Bearish
CorMedix experienced a 182% increase in Q4 operating expenses, largely from the Melinta acquisition, and a decrease in diluted EPS. The ongoing Phase 3 study for taurolidine/heparin in TPN patients targets completion in H1 2027.