How will the reported $400,000 revenue for Q2 compare to analysts' expectations and prior quarters?
RenovoRxâs disclosure that Q2âŻ2025 revenue topped $400âŻk is modest in absolute terms but, for a microâcap oncologyâdevice company, the key narrative is the growth relative to both the prior quarter and the consensus outlook. The press release does not supply the exact figure for Q1âŻ2025 or Q2âŻ2024, but the phrase âover $400âŻkâ and the explicit mention of âcommercial revenue growthâ suggest that the company is seeing a stepâup from the prior periodâlikely a doubleâdigit increase, given the emphasis on âgrowthâ. Analysts covering RNXT have historically expected âlowâhundredsâofâthousandsâ range revenue for the earlyâstage commercial segment, so the headline âover $400âŻkâ is likely a beat of the lowâend consensus and could be interpreted as a modest upside surprise.
From a trading standpoint, the revenue beat combined with a positive independent data monitoring committee (IDMC) recommendation for the pivotal TIGeRâPaC PhaseâŻIII trial adds a catalyst that may outweigh the modest revenue figure. On the technical side, RNXT has been trading in a tight range around the $2â$3 price band, with the 20âday EMA just below the 50âday EMA and modest volume on the day of the release. A shortâterm bullish bias is justified if the stock breaks above the recent high (~$3.20) on higher volume, as the positive trial signal could accelerate a breakout. Conversely, a failure to sustain the breakout could see the stock retest the $2.50 support. Actionable insight: consider a longâcall or buyâonâbreakout position targeting $3.50â$4.00 if the price breaches $3.20 with confirming volume; set a stop just below the 20âday EMA (~$2.70) to protect against a rapid pullback if the trial data later underperform expectations.