NPS Pharmaceuticals, Inc. (NPSP) Misses Q1 EPS by 4c; Trims Top End of FY Gattex/Revestiv Sale Outlook
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Financial Fact:
Loss before income tax expense: -1.93M
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NPS Pharmaceuticals, Inc. (NASDAQ: NPSP) reported Q1 EPS of ($0.06), $0.04 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $44.04 million versus the consensus estimate of $48.3 million.
2014 Financial Guidance
The company is revising its full-year 2014 Gattex/Revestive net sales guidance to a range of $100 to $110 million representing more than 200% year-over-year growth. The company’s previous net sales guidance was $110 million to $120 million.
The company continues to expect full-year 2014 operating expenses, excluding the impact of share-based compensation and cost of goods sold, to be between $180 and $200 million.
For earnings history and earnings-related data on NPS Pharmaceuticals, Inc. (NPSP) click here.
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