VIVUS Reports Fourth Quarter and Full Year 2019 Financial Results
VIVUS (VVUS)
Last vivus earnings: 3/3 04:05 pm
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US:NASDAQ Investor Relations:
ir.vivus.com/node/5806
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Source: GlobeNewswire
- Company to host conference call today at 4:30pm ET - CAMPBELL, Calif., March 03, 2020 (GLOBE NEWSWIRE) -- VIVUS, Inc. (Nasdaq: VVUS) (the “Company”), a biopharmaceutical company, today reported financial results for the quarter and fiscal year ended December 31, 2019 and provided a business update. “Fiscal year 2019 represents our first full year of operating results as a fully integrated business and clinical team,” said John Amos, VIVUS’ Chief Executive Officer. “In 2019, our team delivered nearly $70 million of revenue, a 7% increase compared to 2018, increased adjusted EBITDA 7% compared to 2018 and reduced our net loss by $5.5 million, a 15% decrease. VIVUS is now six quarters through a 10-quarter turnaround, and we are pleased with our progress towards achieving our goals.” Recent Business Highlights Completes Enrollment of Phase 4 Safety and Efficacy Study of Qsymia® in AdolescentsIn March 2020, completed patient enrollment in VIVUS’ Phase 4 clinical study designed to
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