Theravance Biopharma, Inc. Reports Second Quarter 2015 Financial Results and Provides Business Update
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Baird Cuts Price Target on Theravance Biopharma (TBPH) Following 2Q15
August 11, 2015 10:20 AM EDTBaird maintained a Neutral rating on Theravance Biopharma (NASDAQ: TBPH), and cut the price target to $14.00 (from $17.00), following its 2Q15 earnings results. TBPH recorded $7.1M in revenues for the quarter, ahead of consensus 4.25M. $(1.42) in EPS beat consensus estimates of $(1.51).
Analyst Brian Skorney... More
Theravance Biopharma (TBPH) Tops Q2 EPS by 9c
August 10, 2015 4:22 PM EDTTheravance Biopharma (NASDAQ: TBPH) reported Q2 EPS of ($1.42), $0.09 better than the analyst estimate of ($1.51). Revenue for the quarter came in at $7.1 million versus the consensus estimate of $4.25 million.
Rick E Winningham, Chairman and Chief Executive Officer, commented: "In the first half of 2015, we have focused on executing our strategies to advance TD-4208 to a registrational Phase 3 program, creating an acute care commercial organization in the U.S., while positioning VIBATIV (telavancin) as an important treatment for patients with life-threatening infections, and advancing our two high-value research programs towards the clinic. We are... More
