Sarepta Therapeutics Announces First Quarter 2018 Financial Results and Recent Corporate Developments

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Sarepta Therapeutics (SRPT) PT Raised to $96 at H.C. Wainwright

May 7, 2018 8:17 AM EDT

H.C. Wainwright raised its price target on Sarepta Therapeutics (NASDAQ: SRPT) to $96.00 (from $90.00) while maintaining a Buy rating following the company's 1Q. During its 1Q18 corporate update, Sarepta also disclosed an exclusive collaboration and investment in Myonexus Therapeutics.

The alliance,... More

Sarepta Therapeutics (SRPT) Tops Q1 EPS by 4c

May 3, 2018 4:05 PM EDT

Sarepta Therapeutics (NASDAQ: SRPT) reported Q1 EPS of ($0.28), $0.04 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $64.6 million versus the consensus estimate of $64.8 million.

In the first quarter, we continued our successful launch of EXONDYS 51 and advanced our pipeline to bring life-enhancing therapies to those suffering from rare disease around the world, said Doug Ingram, Sareptas president and chief executive officer. We accelerated our gene therapy and RNA platform, and in that regard are excited to announce that our first R&D day will take place on June 19 to... More