UPDATE 1-Vertex tops Q1 profit estimates on robust demand for cystic fibrosis treatments [Yahoo! Finance]
Vertex Pharmaceuticals Incorporated (VRTX)
Last vertex pharmaceuticals incorporated earnings: 4/29 04:01 pm
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Source: Yahoo! Finance
May 6 (Reuters) - Vertex Pharmaceuticals beat Wall Street estimates for first-quarter profit on Monday, driven by robust uptake for its blockbuster cystic fibrosis treatments. Cystic fibrosis (CF) - an inherited disorder that causes severe damage to the lungs, digestive system and other organs - affects an estimated 105,000 people across 94 countries, according to data from U.S.-based CF Foundation. Vertex reported adjusted earnings per share of $4.76 on revenue of $2.69 billion, topping market estimates $4.06 on revenue of $2.58 billion, according to LSEG data, for the quarter ended March 31. The drugmaker reiterated its annual revenue forecast of between $10.55 billion and $10.75 billion. The total product revenue guidance includes expectations around contribution in the second half of the year from the commercial launch of Casgevy in approved indications and geographies, CFO Charles Wagner said on an earnings conference call. The Boston, Massachusetts-based company's gen
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News
- Is CRISPR Stock Going to $95? 1 Wall Street Analyst Thinks So. [Yahoo! Finance]Yahoo! Finance
- Jennifer Schneider Elected to Vertex Board of Directors [Yahoo! Finance]Yahoo! Finance
- Jennifer Schneider Elected to Vertex Board of DirectorsBusiness Wire
- Circular RNA: Vaccines, therapeutics and biomarkers could be revolutionised [Yahoo! Finance]Yahoo! Finance
- Vertex Is Writing A New Playbook For Pharma R&D. And It's Working. [Forbes]Forbes
VRTX
Earnings
- 5/6/24 - Beat
VRTX
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- VRTX's page on the SEC website