Kala Pharmaceuticals (KALA) Reports In-Line Q2 EPS

Kala Pharmaceuticals (NASDAQ: KALA) reported Q2 EPS of ($0.41), in-line with the analyst estimate of ($0.41).

“We are very pleased with our progress in the second quarter,” said Mark Iwicki, Chairman, President and Chief Executive Officer of Kala Pharmaceuticals. “In May, the FDA accepted our NDA resubmission for EYSUVIS, bringing us closer to potentially delivering the first prescription medicine for the short-term treatment of dry eye disease, including dry eye flares, which affects approximately 33 million people in the United States. We have now turned our attention toward a potential U.S. launch before year-end. Given our established relationships with eye care professionals across the United States and our experience with INVELTYS, we believe we are well-positioned for a successful launch of EYSUVIS, if approved.”

For earnings history and earnings-related data on Kala Pharmaceuticals (KALA) click here.

You May Also Be Interested In

• Wendy's U.S. president to resign, company to create COO role
• BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
• Tesla to launch Cybercab in Austin this month - report