What drove SGHT's EPS surprise in Q4 2024?
4/7/2025 05:28pm
The EPS of Sight Sciences (SGHT) in Q4 2024 was -$0.01, which can be attributed to several key factors:
1. **Revenue Decline in Dry Eye Segment**: The revenue from the dry eye segment experienced a significant drop, falling to $300,000 from $1.6 million in the previous year. This decline likely had a direct impact on the overall EPS, as this segment's performance had exceeded internal expectations.
2. **Cost Management**: Despite the revenue decline, the company's gross profit margin improved to 87% from 85% in the prior year, indicating some operational efficiencies. This suggests that the cost management during the quarter was effective, which could have mitigated some of the negative impacts on EPS.
In conclusion, the EPS surprise in Q4 2024 for Sight Sciences, Inc. (SGHT) was primarily driven by the decline in revenue from its dry eye segment and cost management.