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TG Therapeutics (NASDAQ:TGTX) shares were up 17.95% at $35.49, gaining $5.40 as of 12:14 PM ET Monday, after the company issued 2025 revenue guidance above expectations and posted a strong Q4 beat.
The biopharma company expects 2025 revenue of ~$540 million, slightly above the $534.45 million consensus estimate. In Q4 2024, revenue came in at $108.19 million, surpassing expectations of $100.67 million.
Adding to investor optimism, TG Therapeutics plans to start a pivotal trial for a subcutaneous version of its multiple sclerosis therapy, Briumvi (ublituximab), by mid-year. The stock has surged over 50% in the past six months, reflecting strong growth momentum as investors remain bullish on the company's potential.
This article first appeared on GuruFocus.