Achillion Pharmaceuticals (ACHN) Tops Q1 EPS by 5c

Go back to Achillion Pharmaceuticals (ACHN) Tops Q1 EPS by 5c

Achillion Reports First Quarter 2015 Financial Results

May 7, 2015 6:05 AM EDT

NEW HAVEN, Conn., May 7, 2015 (GLOBE NEWSWIRE) -- Achillion Pharmaceuticals, Inc. (Nasdaq: ACHN) today reported financial results for the three months ended March 31, 2015. For the first quarter of 2015, the Company reported a net loss of $19.3 million or $0.17 per share, compared with a net loss of $16.1 million or $0.17 per share for the first quarter of 2014. Cash, cash equivalents, marketable securities and interest receivable as of March 31, 2015 were $275.9 million.

"Our primary goal for the first quarter of 2015 was to ensure operational execution in order to achieve our stated milestones for... More

Achillion Reports First Quarter 2015 Financial Results

May 7, 2015 6:05 AM EDT

NEW HAVEN, Conn., May 7, 2015 (GLOBE NEWSWIRE) -- Achillion Pharmaceuticals, Inc. (Nasdaq: ACHN) today reported financial results for the three months ended March 31, 2015. For the first quarter of 2015, the Company reported a net loss of $19.3 million or $0.17 per share, compared with a net loss of $16.1 million or $0.17 per share for the first quarter of 2014. Cash, cash equivalents, marketable securities and interest receivable as of March 31, 2015 were $275.9 million.

"Our primary goal for the first quarter of 2015 was to ensure operational execution in order to achieve our stated milestones for... More