Acorda Therapeutics (ACOR) Misses Q1 EPS by 17c

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Acorda Provides Financial and Pipeline Update for First Quarter 2017

April 27, 2017 6:00 AM EDT

Corporate restructuring implemented to focus on late-stage Parkinsons programs 2017 combined R&D and SG&A operating expense guidance revised to $330 - $350 million, a reduction of ~$50 million Projected year-end cash balance greater than $200 million AMPYRA® (dalfampridine) 1Q 2017 net revenue of $112.0 million; Company reiterates AMPYRA net sales guidance of $535 - $545 million

ARDSLEY, N.Y.--(BUSINESS WIRE)-- Acorda Therapeutics, Inc.... More