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CorMedix Shares Rise After Q2 Results, Guidance

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CorMedix (CRMD) shares were up over 11% in Thursday trading following its Q2 results and guidance.

Earlier, the company reported a Q2 earnings of $0.29 per diluted share, up from $0.28 a year earlier.

Revenue for the three months ended June 30 was $101.9 million, up from $39.7 million a year earlier.

Analysts polled by FactSet expected $97.4 million.

For 2026, the company kept its revenue guidance of $325 million to $345 million, while raising its adjusted EBITDA guidance to a range of $125 million to $140 million.

Analysts expected $335.3 million for revenue.

Price: $7.95, Change: $+0.85, Percent Change: +11.90%

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