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0.000858614768173842 -0.000572409845449431 -0.00443617630223243 -0.00801373783629082 -0.0103033772180883 -0.0100171722953635 -0.00915855752718947 -0.011448196908987
Stock impact report

Agios (AGIO) Q1 Earnings Surpass, Sales Miss Estimates [Yahoo! Finance]

Agios Pharmaceuticals, Inc. (AGIO) 
Last agios pharmaceuticals, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.agios.com/investor-overview
Company Research Source: Yahoo! Finance
In the year-ago quarter, the company reported a loss of $1.47. AGIO reported revenues of $8.2 million, which slightly missed the Zacks Consensus Estimate of $8.4 million. In the year-ago quarter, the company recorded revenues of $5.6 million. Quarter in Detail In the reported quarter, revenues were generated entirely from product revenues of Agios' only marketed drug, Pyrukynd (mitapivat), which is approved for treating hemolytic anemia in adults with pyruvate kinase (PK) deficiency. Pyrukynd revenues in the United States were up 46% year over year and 15% sequentially. The reported figure marginally beat our model estimate of $8.1 million. The sequential rise in Pyrukynd revenues was primarily driven by increased patient demand. Per management, a total of 120 patients are on Pyrukynd therapy, up 10% from fourth-quarter 2023 levels. Research & development expenses rose 2% year over year to $68.6 million, driven by an increase in process development expenses. Selling, gen Show less Read more
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