Theravance Biopharma (TBPH) Misses Q4 EPS by 32c

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Go back to Theravance Biopharma (TBPH) Misses Q4 EPS by 32c

Theravance Biopharma, Inc. Reports Fourth Quarter and Full Year 2014 Financial Results

March 10, 2015 4:28 PM EDT

GEORGE TOWN, GRAND CAYMAN -- (Marketwired) -- 03/10/15 -- Theravance Biopharma, Inc. (NASDAQ: TBPH) ("Theravance Biopharma" or the "Company") today reported financial results for the fourth quarter and year ending December 31, 2014. Revenue for the fourth quarter of 2014 was $1.4 million. Net loss for the fourth quarter of 2014 was $64.3 million or $2.02 per share. Cash, cash equivalents, and marketable securities, excluding restricted cash, totaled $306.0 million as of December 31, 2014.

Rick E Winningham, Chairman and Chief Executive Officer, commented: "In 2014, we successfully separated Theravance Biopharma from Theravance, Inc., creating an independent biopharmaceutical company with a valuable research, development and commercial... More