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Stock impact report

Why Is Catalyst (CPRX) Down 0.6% Since Last Earnings Report? [Yahoo! Finance]

Catalyst Pharmaceuticals, Inc. (CPRX) 
Last catalyst pharmaceuticals, inc. earnings: 3/16 05:26 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.catalystpharma.com
Company Research Source: Yahoo! Finance
Will the recent negative trend continue leading up to its next earnings release, or is Catalyst due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Catalyst's Q4 Earnings and Sales Beat Estimates Catalyst reported adjusted diluted earnings of 53 cents per share for the fourth quarter of 2023, beating the Zacks Consensus Estimate of 48 cents. The company reported adjusted diluted earnings of 31 cents in the year-ago quarter. Total revenues amounted to $110.6 million in the reported quarter, which surpassed the Zacks Consensus Estimate of $106 million. Total product revenues surged 82% from the year-ago quarter's $60.8 million. The top line primarily comprised product sales of Firdapse, Fycompa CIII and nominal license and other revenues. Quarter in Detail Firdapse generated sales worth $69.8 million in the fourth quarter Show less Read more
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