Retrophin (RTRX) Posts Q1 Loss of $3.03/Share; Boosts FY14 Revs Outlook
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Retrophin (NASDAQ: RTRX) reported Q1 EPS of ($3.03), $2.59 worse than the analyst estimate of ($0.44). Revenue for the quarter came in at $27.9 thousand versus the consensus estimate of $800 thousand.
Q1 EPS included a charge of $53.6 million related to the change in fair value of its derivative financial instruments.
Retrophin sees FY2014 revenue of $20-22 million, versus prior guidance of $19-21 million and the consensus of $20.00 million.
For earnings history and earnings-related data on Retrophin (RTRX) click here.
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