5 Things You Need to Know From Vertex Pharmaceuticals' Q1 Earnings Update [The Motley Fool]
Vertex Pharmaceuticals Incorporated (VRTX)
Last vertex pharmaceuticals incorporated earnings: 4/29 04:01 pm
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Source: The Motley Fool
5 Things You Need to Know From Vertex Pharmaceuticals' Q1 Earnings Update Vertex started off 2019 on a positive note. But even better days are almost certainly on the way. Quarterly updates just look too easy for Vertex Pharmaceuticals ( NASDAQ:VRTX ) . The biotech announced its first-quarter earnings results on Tuesday. Yet again, Vertex posted strong revenue and earnings growth that blew past Wall Street analysts' estimates. Vertex's management team fielded questions from analysts during the company's Q1 conference call Tuesday evening. Here are five things you need to know from Vertex's Q1 update. Vertex currently has three approved drugs, all of which treat the underlying causes of cystic fibrosis (CF). In the first quarter, sales for two of those drugs declined from the prior-year period. Kalydeco's sales fell 2.4% year over year, to $244 million, while sales for Orkambi sank 17.2%. Should investors be worried? Not really. Vertex CFO Stuart Arbuckle said in the conference call t
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VRTX
Earnings
- 2/5/24 - Beat
VRTX
Sec Filings
- 4/17/24 - Form 4
- 4/16/24 - Form PX14A6G
- 4/11/24 - Form SC
- VRTX's page on the SEC website