Seattle Genetics (SGEN) Tops Q3 EPS by 8c, Offers FY Guidance
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Price: $228.74 --0%
Financial Fact:
Income (loss) from operations: -32.41M
Today's EPS Names:
MSGM, SMID, VISL, More
Financial Fact:
Income (loss) from operations: -32.41M
Today's EPS Names:
MSGM, SMID, VISL, More
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Seattle Genetics (NASDAQ: SGEN) reported Q3 EPS of ($0.34), $0.08 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $135.3 million versus the consensus estimate of $112.81 million.
2017 Financial Outlook
Seattle Genetics updated its full year 2017 financial guidance as follows:
| Current | Previous | |||||||
| Revenues from collaboration and license agreements | $90 million to $100 million | $75 million to $90 million | ||||||
| Royalty revenues | $60 million to $65 million | $50 million to $55 million | ||||||
| Research and development expenses | $460 million to $480 million | $460 million to $500 million |
For earnings history and earnings-related data on Seattle Genetics (SGEN) click here
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