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-0.00017209729233594 -0.000318953648462751 -0.00195043597980727 -0.00120468104635158 -0.000917852225791791 0.000286828820559792 0.000573657641119747 0.000573657641119747
Stock impact report

Here's Why Vertex Pharmaceuticals Earnings Are Growing Faster Than Revenue [The Motley Fool]

Vertex Pharmaceuticals Incorporated (VRTX) 
Last vertex pharmaceuticals incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.vrtx.com
Company Research Source: The Motley Fool
The biotech benefits from economies of scale. Vertex Pharmaceuticals ' ( NASDAQ:VRTX ) launch of its newest cystic fibrosis drug, Symdeko, continues to progress well, driving second-quarter revenue growth. With much of the revenue falling to the bottom line, earnings are growing even faster. Vertex Pharmaceuticals results: The raw numbers Metric Q2 2018 Q2 2017 Year-Over-Year Change Revenue $752 million $544 million 38% Income from operations $173 million $52.7 million 273% Earnings per share (EPS) $0.80 $0.07 1,043% Adjusted EPS $0.94 $0.39 141% Data source: Vertex Pharmaceuticals. What happened with Vertex Pharmaceuticals this quarter? Revenue from the company's cystic fibrosis drugs was actually up 46% year over year; one-time collaboration revenue in the year-ago quarter dragged down the overall revenue number. Sales of its newest cys Show less Read more
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