RenovoRxâs Q2â2025 revenue of just over $400âŻk is modest in absolute terms but, for a biotech that has historically generated only pocketâsize cash flows from its FDAâcleared RenovoCath device, it represents a meaningful upward tick. The companyâs prior quarterly disclosures have typically shown âcommercial revenueâ in the lowâtoâmid sixâfigure range, and in some earlier periods the line item was essentially zero as the device rollout was still in its infancy. In that context, breaking the $400âŻk threshold signals that the commercial rollout is gaining traction and that the market is beginning to respond to the clinical need the company highlights.
From a trading standpoint, the revenue uplift dovetails with the positive Independent Data Monitoring Committee recommendation for the TIGeRâPaC PhaseâŻIII trialâboth catalysts could tighten the riskâreward profile. Technically, RNXT has been hovering near its 50âday moving average with modest upside volume; a breach above the recent resistance (~$6.50) on sustained buying could push the stock toward its prior highâquarterly range (~$8). Conversely, any failure to translate this early revenue growth into broader market adoption or a delay in trial readâouts could see the price retest the 200âday moving average (~$5) and test support around the $4.50â$5.00 band. For riskâaverse traders, a smallâposition âbuyâtheâdipâ near $5 with a stop just below $4.70 may capture upside if the rollout accelerates, while more defensive players might wait for a clearer trend confirmation after the next earnings release.