Evofem Biosciences (EVFM) Misses Q4 EPS by 14c

Evofem Biosciences (NASDAQ: EVFM) reported Q4 EPS of ($0.50), $0.14 worse than the analyst estimate of ($0.36).

"2020 was a year of execution for Evofem, marked by the approval and U.S. commercial launch of Phexxi, our non-hormonal, on-demand birth control method," said Saundra Pelletier, Chief Executive Officer, Evofem Biosciences. "On Valentine's Day we launched our "Get Phexxi" DTC campaign to propel the Phexxi uptake curve. I am thrilled that in just two weeks we have seen a 362% increase in direct searches for Phexxi."

"Additionally, we initiated our pivotal Phase 3 EVOGUARD clinical trial evaluating the safety and efficacy of EVO100 for the prevention of chlamydia and gonorrhea in women, for which reported cases have increased significantly in five consecutive years. We remain dedicated to developing products that address the unmet medical needs of women."

For earnings history and earnings-related data on Evofem Biosciences (EVFM) click here.

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