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Stock impact report

Puma Biotechnology Reports First Quarter Financial Results [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
Unless otherwise stated, all comparisons are for the first quarter 2024 compared to the first quarter 2023. Product revenue, net consists entirely of revenue from sales of NERLYNX®, Puma's first commercial product. Product revenue, net in the first quarter of 2024 was $40.3 million, compared to product revenue, net of $46.8 million in the first quarter of 2023. Based on accounting principles generally accepted in the United States (GAAP), Puma reported a net loss of $4.8 million, or $0.10 per basic and diluted share, for the first quarter of 2024, compared to net income of $1.4 million, or $0.03 per basic and diluted share, for the first quarter of 2023. Non-GAAP adjusted net loss was $2.4 million, or $0.05 per basic and diluted share, for the first quarter of 2024, compared to non-GAAP adjusted net income of $4.2 million, or $0.09 per basic and diluted share, for the first quarter of 2023. Non-GAAP adjusted net (loss) income excludes stock-based compensation expense. For a reco Show less Read more
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