Pacira Pharmaceuticals, Inc. Reports First Quarter 2016 Financial Results

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Mizuho Securities Cuts Price Target on Pacira Pharma (PCRX); Sights Conservatism

May 3, 2016 7:22 AM EDT

Mizuho Securities maintained a Buy rating on Pacira Pharmaceuticals (NASDAQ: PCRX), and cut the price target to $64.00 (from $79.00), following the company's 1Q earnings report. PCRX reported revenues of $65.5M and an adjusted EPS of $0.14 vs. the consensus estimates of $66.9M and $0.07. There was... More

Pacira Pharma (PCRX) Tops Q1 EPS by 8c; EXPAREL Sales Rose 14%

May 2, 2016 8:57 AM EDT

Pacira Pharma (NASDAQ: PCRX) reported Q1 EPS of $0.15, $0.08 better than the analyst estimate of $0.07. Revenue for the quarter came in at $65.5 million versus the consensus estimate of $67.11 million.

EXPAREL net product revenues were $63.8 million in the first quarter of 2016, compared to $56.0 million in... More