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0 0.00157404044073128 -0.000484320135609585 -0.00702264196633978 0.00992856277999756 0.0170722847802397 0.0110182830851193 0.0162247245429228
Stock impact report

Amarin's (AMRN) Q1 Earnings and Revenues Surpass Estimates [Yahoo! Finance]

Amarin Corporation plc - American Depositary Shares, each representing one Ordinary Share (AMRN) 
Last amarin corporation plc - american depositary shares, each representing one ordinary share earnings: 4/30 05:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.amarincorp.com/investors
Company Research Source: Yahoo! Finance
The company had recorded an adjusted loss of 4 cents in the year-ago quarter. Total revenues were $56.5 million, which beat the Zacks Consensus Estimate of $51.0 million. However, revenues declined 34% from the year-ago quarter's levels, owing to lower product revenues. Despite the better-than-expected results, shares of Amarin were down in pre-market trading on Wednesday following the earnings announcement. Year to date, the stock has risen 5.9% against the industry's decline of 9.6%. Image Source: Zacks Investment Research Quarter in Detail Net Vascepa product revenues in the first quarter were $55.2 million, down 35% year over year. U.S. product revenues from Vascepa, the company's sole marketed drug, totaled $48.1 million, declining 41.6% from the year-ago quarter's level as rising generic competition continued to hurt sales volumes. The drug's U.S. sales missed our model estimate of $49 million. Product revenues from Vazkepa (Vascepa's brand name in Europe) in the E Show less Read more
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