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Stock impact report

Theravance's Q4 Earnings and Revenues Miss Estimates [Yahoo! Finance]

Viatris Inc. (VTRS) 
Company Research Source: Yahoo! Finance
In the year-ago quarter, the company had incurred an adjusted loss of 5 cents per share. Total revenues in the quarter were $45.9 million, which missed the Zacks Consensus Estimate of $60 million. Revenues surged 145% year over year, driven primarily by $25 million of licensing and milestone revenues from partner Viatris VTRS tied to Yupelri (revefenacin) sales in the United States. Year to date, shares of Theravance have lost 25.1% compared with the industry's 3.1% decline. Zacks Investment Research Image Source: Zacks Investment Research TBPH's Q4 Earnings in Detail The company's top line consisted of collaboration revenues, along with licensing and milestone revenues tied to Viatris' Yupelri sales in the reported quarter. Collaboration revenues amounted to $20.8 million, up 11.4% year over year. The company also recorded $25 million in licensing and milestone revenues associated with Yupelri sales. Theravance and VTRS have collaborated on the development and commerc Show less Read more
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