SIGA Tech (SIGA): Profits Drop 65%, But Cash and Special Payouts Remain

SIGA Technologies reported financial results for the periods ending June 30, revealing substantial year-over-year declines offset by continued profitability and shareholder returns. The company generated $37 million in TPOXX sales during the quarter, comprising $24 million in intravenous TPOXX delivered to the US strategic national stockpile and $13 million in oral TPOXX sold to two international buyers. Chief Executive Diem Nguyen highlighted the geographic diversity of deliveries across the U