Ligand Reports Third Quarter 2015 Financial Results

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Ligand Pharma (LGND) Tops Q3 EPS by 14c

November 9, 2015 4:03 PM EST

Ligand Pharma (NASDAQ: LGND) reported Q3 EPS of $0.56, $0.14 better than the analyst estimate of $0.42. Revenue for the quarter came in at $17.7 million versus the consensus estimate of $17.8 million.

Release of Valuation Allowance

Ligand has accumulated a usable portfolio of net operating loss... More