Insys Therapeutics (INSY) Tops Q1 EPS by 4c
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Insys Therapeutics Reports First Quarter 2016 Results
April 28, 2016 6:50 AM EDTPHOENIX, April 28, 2016 (GLOBE NEWSWIRE) -- Insys Therapeutics, Inc. (NASDAQ: INSY) ("Insys" or "the Company") today announced financial results for the three-month period ended March 31, 2016.
Highlights of and subsequent to the first quarter of 2016 include:
Total net revenue decreased to $62.0 million, compared to $70.8 million for the first quarter of 2015;Revenue from Subsys® (fentanyl sublingual spray) was $62.0, down 12% compared with first quarter 2015 revenue of $70.5 million;Net income was $2.4 million, or $0.03 per basic and $0.03 per diluted share, compared to net income of $8.0 million, or $0.11 per basic and $0.11 per diluted share,... More