Theratechnologies Inc.

09:56 AM EST - Theratechnologies Inc. : Announced select preliminary financial results for the third quarter ended August 31, 2020, The company expects consolidated net revenues to be between $13.8 million and $14.2 million compared to $16.1 million for the third quarter of fiscal year 2019. Revenues for the third quarter of 2020 were primarily impacted by the COVID-19 pandemic, one-time items related to the transition from EGRIFTA ® to EGRIFTA SV ® as well as higher than expected rebates and chargebacks related to prior reporting periods. Theratechnologies Inc. shares T.TH are trading down $0.14 at $3.35.