Amicus' (FOLD) Q4 Earnings Beat, Revenues Meet Estimates [Yahoo! Finance]
Amicus Therapeutics, Inc. (FOLD)
Last amicus therapeutics, inc. earnings: 11/11 07:00 am
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US:NASDAQ Investor Relations:
ir.amicusrx.com/investor-relations
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Source: Yahoo! Finance
The company had reported a loss of 17 cents per share in the year-ago quarter. The year-over-year improvement can be attributed to higher revenues of Galafold (migalastat) and the successful ongoing commercial launch of the newly approved Pombiliti + Opfolda. Revenues in the fourth quarter totaled $115.1 million, up 31% year over year on a reported basis. The figure matched the Zacks Consensus Estimate. The top line comprised sales of Galafold, approved for Fabry disease and Pombiliti + Opfolda. On a constant-currency (cc) basis, total revenue growth was 27% year over year. The FDA approved Pombiliti + Opfolda, a two-component therapy for treating late-onset Pompe disease in September 2023. Shares of Amicus were down 6.5% on Feb 28 following the announcement of the earnings result. The stock has lost 4.3% in the past year compared with the industry's decrease of 6.1%. Image Source: Zacks Investment Research Quarter in Detail Galafold net product sales were $106.6 million
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News
- When Will Amicus Therapeutics, Inc. (NASDAQ:FOLD) Become Profitable? [Yahoo! Finance]Yahoo! Finance
- Why Is Amicus Therapeutics (FOLD) Down 8.1% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- Amicus Therapeutics Issues 2024 Environmental, Social, and Governance (ESG) Report [Yahoo! Finance]Yahoo! Finance
- Amicus Therapeutics Issues 2024 Environmental, Social, and Governance (ESG) ReportGlobeNewswire
- Amicus Therapeutics, Inc. (NASDAQ: FOLD) had its price target lowered by analysts at JPMorgan Chase & Co. from $21.00 to $19.00. They now have an "overweight" rating on the stock.MarketBeat
FOLD
Earnings
- 2/28/24 - Beat
FOLD
Sec Filings
- 4/24/24 - Form ARS
- 4/24/24 - Form DEF
- 4/24/24 - Form DEFA14A
- FOLD's page on the SEC website