Retrophin (RTRX) Tops Q1 EPS Views; Revs Strong

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Go back to Retrophin (RTRX) Tops Q1 EPS Views; Revs Strong

Retrophin Reports First Quarter 2016 Financial Results

May 3, 2016 4:01 PM EDT

First quarter revenues increased 67 percent year-over-year

Enrollment of the Phase 2 DUET study of sparsentan completed; top-line results expected third quarter 2016

SAN DIEGO, May 03, 2016 (GLOBE NEWSWIRE) -- Retrophin, Inc. (NASDAQ: RTRX) today reported its first quarter 2016 financial results.

Net product sales for the first quarter 2016 were $29.0 million, compared to net product sales of $17.4 million for the same period in 2015Full-year 2016 revenue guidance of $130.0 to $140.0 million reiteratedCash, cash equivalents, marketable securities, and notes receivable as of March 31, 2016 totaled $315.4... More