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Stock impact report

Puma Biotechnology (PBYI) Q4 Earnings & Revenues Lag Estimates [Yahoo! Finance]

Puma Biotechnology Inc (PBYI) 
Last puma biotechnology inc earnings: 2/20 04:07 pm Check Earnings Report
US:NYSE Investor Relations: pumabiotechnology.com/ir.html
Company Research Source: Yahoo! Finance
In the year-ago quarter, the company had reported an adjusted loss of 7 cents. The above-adjusted earnings exclude the impact of stock-based compensation expense. Including the same, reported earnings per share were 26 cents in the fourth quarter of 2023 against a loss of 12 cents reported in the year-ago quarter. In the fourth quarter, total revenues were $72.2 million, which slightly missed the Zacks Consensus Estimate of $72.8 million. Revenues, however, increased around 9.9% year over year. Total revenues comprised net product sales of Nerlynx (neratinib), Puma Biotechnology's only marketed drug in the United States, and royalty revenues. Nerlynx is indicated for treating early-stage HER2-positive breast cancer. Shares of Puma Biotechnology were down 12.4% in after-hours trading on Feb 29 following the announcement of the earnings. The stock has rallied 38.2% in the past year against the industry's 4.6% decline. Image Source: Zacks Investment Research Quarter in Detail Show less Read more
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