Categories Earnings, Health Care

Amarin Corporation (AMRN): Q4 2019 Earnings Snapshot

Amarin Q4 earnings

— Amarin Corporation plc (NASDAQ: AMRN) reported earnings of $0.04 per share in the fourth-quarter 2019 vs. $0.02 per share loss expected.  

— Revenue grew 85% to $143.3 million, versus $136.01 million expected. Net product revenue increased 84% year-over-year to $142 million, driven mainly by an increase in total Vascepa prescriptions in the US. 

— For full-year 2020, Amarin expects revenues to be $650 million to $700 million.

— AMRN shares gained 2% during the aftermarket hours. 

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