Depomed Reports First Quarter 2015 Financial Results

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DepoMed (DEPO) Sell-Off an 'Over-Reaction', Roth Capital Says; PT to $28.50

May 12, 2015 12:42 PM EDT

Roth Capital analyst Scott Henry trimmed his price target on DepoMed Inc (NASDAQ: DEPO) to $28.50 (from $30.00) following Q1 results but maintained a Buy rating. The firm views today's 18% sell-off as a "over-reaction."

Henry commented, "DEPO reported 1Q15 results that were at the lower end... More

DepoMed (DEPO) Misses Q1 EPS by 14c; Guides FY15 Sales Above Views

May 11, 2015 4:15 PM EDT

DepoMed (NASDAQ: DEPO) reported Q1 EPS of ($0.13), $0.14 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $31.7 million versus the consensus estimate of $33.8 million.

DepoMed sees FY2015 revenue of $310-335 million, versus the consensus of $305.02 million.

For earnings history and earnings-related data on DepoMed (DEPO) click here.

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