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Stock impact report

Exelixis Announces Second Quarter 2019 Financial Results and Provides Corporate Update

Exelixis, Inc. (EXEL) 
Last exelixis, inc. earnings: 2/25 04:05 pm Check Earnings Report
Company Research Source: Business Wire
- Total Revenue of $240.3 Million, Cabozantinib Franchise Revenue of $193.7 Million -- GAAP Diluted EPS of $0.25, Non-GAAP Diluted EPS of $0.29 -- Conference Call and Webcast Today at 5:00 PM Eastern Time - ALAMEDA, Calif.--(BUSINESS WIRE)--Exelixis, Inc. (Nasdaq: EXEL) today reported financial results for the second quarter of 2019 and provided an update on progress toward fulfilling its key corporate objectives, as well as discovery, development and commercial milestones.“The second quarter of 2019 was highlighted by the strong and sustained momentum of our business,” said Michael M. Morrissey, Ph.D., President and Chief Executive Officer of Exelixis. “We achieved notable revenue growth for the CABOMETYX franchise, supporting our strategy of reinvestment in long-term growth opportunities through our internal discovery and targeted in-licensing activities, including today’s announcement of our partnership agreement with Aurigene.”Dr. Morrissey continued: “Our clinical development Show less Read more
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