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Anika Therapeutics (ANIK) reported fiscal 2025 Q3 earnings on Nov 5, 2025, . The company narrowly beat revenue estimates and maintained full-year guidance, , marking a 122.22% beat.
Revenue
, while the Commercial Channel contributed $11.97 million, bringing the total to $27.82 million. , .
Earnings/Net Income
. The net loss reduced to $-2.33 million, . This marks a significant step toward profitability, though challenges persist in operational costs and R&D expenses.
Post-Earnings Price Action Review
.
CEO Commentary
The CEO emphasized navigating supply chain constraints and competitive pressures while investing in R&D for orthopedic and spine therapies. Regulatory progress and partnerships are expected to drive long-term growth, alongside cost discipline to mitigate near-term financial pressures.
Guidance
, . .
Additional News
Anika filed the final PMA module for Hyalofast with the FDA, including 24-month FastTRACK trial data and real-world evidence. , signaling confidence in its financial stability. .

Key Financial Highlights
Revenue.
Non-GAAP EPS.
Net Loss.
Full-Year Guidance,
Strategic Updates
Hyalofast PMA Filing.
Share Buyback.
R&D Focus.
Market Outlook
, . , .
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