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0.00042319085907736 0.00042319085907736 0.00063478628861604 -0.00126957257723238 -0.00084638171815502 0.00590351248413027 0.0126957257723232 0.00444350402031303
Stock impact report

Alkermes' (ALKS) Q1 Earnings & Revenues Fall Shy of Estimates [Yahoo! Finance]

Alkermes plc - Ordinary Shares (ALKS) 
Last alkermes plc - ordinary shares earnings: 4/29 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company had reported adjusted earnings of 18 per share in the year-ago quarter. ALKS' revenues of $350.4 million rose 21.8% from the year-ago quarter's level owing to the strong performance of its proprietary products portfolio. The top line, however, missed the Zacks Consensus Estimate of $360 million. Quarter in Detail Alkermes derives revenues from the net sales of its proprietary products — Vivitrol (alcohol and opioid dependence), Aristada (schizophrenia) and Lybalvi (schizophrenia and bipolar I disorder) — and manufacturing and/or royalty revenues on net sales of products commercialized by its partners. Sales of the proprietary drug, Vivitrol, increased around 1% year over year to $97.7 million due to stability in the alcohol dependence indication. The figure missed the Zacks Consensus Estimate of $99 million and our model estimate of $102.6 million. Aristada sales decreased 1.5% year over year to $78.9 million, owing to a substantial decline in channel inventory. Show less Read more
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