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0 0 -6.60240327478602E-05 -0.000660240327479165 0.00303710550640438 0.00864914828997757 0.0159778159249966 0.0159778159249966
Stock impact report

Axsome (AXSM) Q1 Loss Widens Y/Y, Revenues Beat Estimates [Yahoo! Finance]

Axsome Therapeutics, Inc. (AXSM) 
Last axsome therapeutics, inc. earnings: 3/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: axsome.com
Company Research Source: Yahoo! Finance
The Zacks Consensus Estimate was pegged at a loss of $1.20 per share. The above-adjusted loss excludes the impact of certain non-cash charges, including which the reported loss per share was $1.44 in the first quarter of 2024 compared with a loss of 26 cents per share reported in the year-ago quarter. The company reported total revenues of $75 million for the first quarter, which beat the Zacks Consensus Estimate of $70 million. AXSM had recorded revenues of $94.6 million in the year-ago period. The year-over-year decline in revenues can be attributed to a one-time upfront payment received for the out-licensing of Sunosi in certain ex-U.S. markets in the year-ago quarter. Shares of Axsome have decreased 4.6% so far this year compared with the industry's decline of 5.8%. Image Source: Zacks Investment Research Quarter in Detail Total revenues in the first quarter consisted of product revenues from Sunosi and Auvelity, and royalty revenues. Net product revenues were $74.1 Show less Read more
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