Categories Earnings, Health Care

ACADIA Pharmaceuticals (ACAD): Q4 2019 Earnings Snapshot

— ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) reported Q4 2019 loss of $0.34 per share, vs. $0.36 expected.

— Revenue grew 65% to $98.3 million vs. $97.76 million expected.

Earnings Update by AlphaStreet

— For FY20, NUPLAZID sales is expected to be between $440 million and $470 million.

— For fiscal 2020, GAAP R&D expense is expected to be between $270 and $285 million and GAAP SG&A expense is expected to be between $440 and $460 million.

— ACAD shares rose about 4% following the earnings announcement.

Get access to timely and accurate verbatim transcripts that are published within hours of the event

Also Read:  Veritas Farms Inc. (VFRM) Q4 2020 Earnings Call Transcript

Most Popular

COVID-19 drove retailers up the digital path years ahead than anticipated

Earlier we looked into how, during the COVID-19 pandemic, retailers saw changing trends in terms of their assortments and how the acceleration of online shopping led many of them to

Snowflake (SNOW) creates a record as the most successful software IPO ever; stock more than doubles

Data is at the heart of business innovation. Recognizing this trend, companies are seeking ways to transform their businesses by capturing, analyzing, and mobilizing data. The public cloud is becoming

Adobe (ADBE) sees new tailwinds as virtual shift gathers steam

The second half has been highly rewarding for design software maker Adobe Inc. (NASDAQ: ADBE) amid stable demand for digital content solutions. The company has remained unaffected by the virus-related

Top