Insmed Reports Fourth Quarter 2016 Financial Results and Provides Business Update

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Insmed (INSM) Misses Q3 EPS by 21c

February 23, 2017 8:04 AM EST

Insmed (NASDAQ: INSM) reported Q3 EPS of ($1.10), $0.21 worse than the analyst estimate of ($0.89).

As of December 31, 2016, Insmed had cash and cash equivalents of approximately $163 million. The company's cash operating expenses for the second half of 2016 were $64 million, not including the $30 million upfront payment... More