Sep. 5 at 6:43 PM
$XERS When a company is growing rapidly in the short-to-mid term and has very strong growth levers for the long term, while already getting profitable and expanding its earnings, the picture becomes quite clear.
If market participants require additional reassurance before driving the stock into a strong upward surge, they are likely to receive it in Q3 and Q4, just as they did in Q2. As management recently emphasized:
A) There are no signs of Recorlev’s growth slowing down.
B) They reaffirmed, just two days ago, their phenomenal overall growth outlook.
What does this mean? It suggests that Xeris could see its **gross profit** soar to an impressive
$340 million or more by next year. That would be enough to cover all company expenses, fully finance its double-to-triple blockbuster Phase 3 program, and still have a surplus left over.
Truly, some remarkable times may lie ahead for this enterprise, short-to-mid-to-long term.
