AMAG Pharma (AMAG) Posts Q1 Loss of $1.06, Sales Miss Views

Go back to AMAG Pharma (AMAG) Posts Q1 Loss of $1.06, Sales Miss Views

AMAG Pharmaceuticals Announces First Quarter 2017 Financial Results and Provides Corporate Update

May 2, 2017 7:01 AM EDT

First quarter 2017 GAAP revenue increased 28%

Company announced positive Feraheme Phase 3 data

Conference call scheduled for 8:00 a.m. ET today

WALTHAM, Mass., May 02, 2017 (GLOBE NEWSWIRE) -- AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) today reported unaudited consolidated financial results for the quarter ended March 31, 2017. Total GAAP revenue for the first quarter of 2017 increased to $139.5 million, approximately 28% higher than the same period last year. This increase was primarily driven by growth in net sales of Makena® (hydroxyprogesterone caproate injection). The company reported an... More