Pharming Group: nine-month net income reaches $18.9 million
Pharming Group reported nine-month net income of $18.9 million, gross profit of $243.7 million and $32.4 million in operating cash flow, according to Reuters.
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what happened
Pharming Group N.V. reported, according to Reuters, that its net income for the nine months stood at $18.9 million. Gross profit for the same period reached $243.7 million, while operating profit came to $26.3 million.
Cash flow from operations over the nine months totaled $32.4 million. In the third quarter alone, gross profit was $102.2 million, and basic earnings per share attributable to the parent's equity holders were $0.032.
why it matters
The results matter to investors as evidence that the company is profitable and generating cash from its operations. The news concerns a single company, so its effect on the broader market is limited.
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sources
- Pharming Group 9M Net Income USD 18.9 Mln — Reuters, 27 October 2026 at 06:04 UTC
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