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Zacks News
MEI Pharma, Inc. (MEIP) Reports Q2 Loss, Misses Revenue Estimates
by Zacks Equity Research
MEI Pharma, Inc. (MEIP) delivered earnings and revenue surprises of -13.70% and 100%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?
AstraZeneca's (AZN) Capivasertib Gets FDA Nod for Breast Cancer
by Zacks Equity Research
AstraZeneca's (AZN) capivasertib gets approval in combination with Faslodex for HR-positive, HER2-negative metastatic breast cancer.
AstraZeneca's (AZN) Imfinzi Early-Stage Lung Cancer Study Fails
by Zacks Equity Research
AstraZeneca's (AZN) PACIFIC-2 study on Imfinzi fails to achieve statistical significance for the primary endpoint of progression-free survival.
Pacira (PCRX) Gets FDA Nod for Exparel's Label Expansion
by Zacks Equity Research
The FDA approves Pacira's (PCRX) supplemental new drug application to expand the label of Exparel to include both sciatic and femoral nerve blocks.
Ironwood's (IRWD) Q3 Earnings Miss Mark, Linzess Volume Rises
by Zacks Equity Research
Ironwood's (IRWD) third-quarter 2023 earnings miss estimates, while revenues beat the same. Linzess collaboration revenues drive the top line.
Amicus' (FOLD) Q3 Loss Narrows, Galafold Sales View Updated
by Zacks Equity Research
Amicus (FOLD) incurs a narrower-than-expected loss in the third quarter. However, revenues beat estimates. The company tightens Galafold revenue guidance for 2023.
Nektar Therapeutics (NKTR) Incurs Wider-Than-Expected Q3 Loss
by Zacks Equity Research
Nektar (NKTR) misses third-quarter estimates for the bottom line but beats the same for the top line.
Theravance's (TBPH) Q3 Loss Narrows, Revenues Beat Marginally
by Zacks Equity Research
Thervance (TBPH) incurs a narrower-than-expected loss in the third quarter of 2023. Revenues marginally beat estimates.
Biogen (BIIB) Beats on Q3 Earnings & Sales, Cuts EPS View
by Zacks Equity Research
Biogen (BIIB) beats third-quarter estimates for earnings and sales. It lowers its 2023 EPS guidance range to include the impact of dilution from the Reata acquisition. Stock rises in pre-market.
Axsome (AXSM) Q3 Loss Widens, Revenues Surpass Estimates
by Zacks Equity Research
Axsome (AXSM) incurs a wider-than-expected loss in the third quarter of 2023 while sales beat estimates. The company's shares declined post earnings announcement.
Intra-Cellular (ITCI) Q3 Earnings Top, Product Sales View Raised
by Zacks Equity Research
Intra-Cellular (ITCI) third-quarter 2023 earnings and revenues beat estimates. Caplyta sales continue to drive growth. The company raises its guidance for full-year 2023 Caplyta sales.
ImmunoGen (IMGN) Q3 Earnings Beat, Elahere Drives Revenues
by Zacks Equity Research
ImmunoGen's (IMGN) third-quarter 2023 earnings and revenues surpass estimates, driven by strong adoption of its sole-marketed drug Elahere. The company reiterates its revenue guidance.
Puma Biotech (PBYI) Q3 Earnings Beat, Revenues Lag Estimates
by Zacks Equity Research
Puma Biotech's (PBYI) third-quarter 2023 earnings beat estimates, while revenues miss the same. The company tightens the full-year revenue guidance.
Zoetis' (ZTS) Q3 Earnings Beat, Revenues Miss by a Whisker
by Zacks Equity Research
Zoetis' (ZTS) third-quarter 2023 earnings surpass estimates. However, revenues fall marginally short. The strong performance of the companion animal portfolio drives year-over-year revenues.
Corcept (CORT) Beats on Q3 Earnings, Raises '23 Sales View
by Zacks Equity Research
Corcept's (CORT) third-quarter 2023 earnings and revenues surpass estimates. The company raises the full-year revenue guidance for 2023.
Apellis (APLS) Q3 Loss Wider Than Expected, Syfovre Drives Sales
by Zacks Equity Research
Apellis' (APLS) third-quarter 2023 bottom line misses estimates, while the top line beats the same. Newly approved product, Syfovre, drives sales in the reported quarter.
Eli Lilly (LLY) Q3 Earnings & Sales Top, EPS View Cut, Stock Up
by Zacks Equity Research
Eli Lilly (LLY) beats third-quarter estimates for earnings as well as sales. It cut its earnings guidance for 2023 on charges related to acquisitions and collaboration deals.
Amarin (AMRN) Q3 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Amarin's (AMRN) third-quarter 2023 earnings and revenues beat estimates. Vascepa sales in the United States decline year over year.
Repligen (RGEN) Shares Rise on Q3 Earnings & Revenue Beat
by Zacks Equity Research
Repligen's (RGEN) third-quarter earnings and revenues surpass estimates. The company tightens revenue guidance for 2023. Shares rise.
United Therapeutics (UTHR) Q3 Earnings & Sales Beat Estimates
by Zacks Equity Research
United Therapeutics (UTHR) third-quarter 2023 earnings and sales beat estimates. Tyvaso sales continue to drive the company's top line.
BEAM to Reprioritize Portfolio, Slash Jobs, Shares Tank
by Zacks Equity Research
BEAM announces a restructuring and portfolio reprioritization plan to focus on genome-editing candidate, BEAM-101. The company is set to reduce its workforce by almost 20%. Shares fall.
Is it a Good Idea to Invest in Dynavax (DVAX) Stock Now?
by Zacks Equity Research
Here, we discuss some reasons why investing in Dynavax Technologies (DVAX) stock now may turn out to be a prudent move.
Lisata's (LSTA) Lead Cancer Drug Gets EC's Orphan Tag, Stock Up
by Zacks Equity Research
Lisata (LSTA) shares rise 6.6% after its lead candidate, LSTA1, receives orphan drug designation from the European Commission for treating pancreatic cancer.
Merck (MRK) Gets CHMP Nod for Expanded Use of Antiviral Drug
by Zacks Equity Research
CHMP gives a positive opinion to Merck (MRK) for the expanded use of Prevymis to help prevent CMV disease in high-risk kidney transplant patients.
J&J (JNJ) Beats Q3 Earnings & Sales Estimates Post Spin-Off
by Zacks Equity Research
J&J (JNJ) beats estimates for third-quarter earnings and sales. It raises full-year sales and earnings guidance.