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-0.000752870318087693 -0.0013175230566535 -0.00583474496517979 -0.00470543948804818 -0.00545830980613588 -0.00658761528326748 -0.00432900432900427 0.0031996988518728
Stock impact report

Agios (AGIO) Q4 Earnings & Revenues Fall Short of 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 posted a loss of 67 cents per share. AGIO reported revenues of $7.1 million, which also missed the Zacks Consensus Estimate of $8 million. In the year-ago quarter, the company recorded revenues of $4.3 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 65.1% year over year but declined 4% sequentially. The reported figure missed our model estimate of $7.7 million. The sequential decline in Pyrukynd revenues was due to lower customer inventory levels at the end of the fourth quarter of 2023. Given the ultra-rare nature of the disease and long lead times associated with initiating patients on therapy, management expects slow and steady growth, with quarter-to-quarter variability in 2024. Re Show less Read more
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