Horizon Pharma (HZNP) Misses Q1 EPS by 4c, Raises FY Revenue Guidance

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Horizon Pharma plc Reports Strong First-Quarter 2018 Orphan and Rheumatology Net Sales Growth; Increases Full-Year 2018 Guidance and Announces New Company Operating Structure to Enhance Focus on Rare

May 9, 2018 7:00 AM EDT

-- First-Quarter 2018 Orphan and Rheumatology Net Sales of $172.2 Million Increased 11 Percent;Represented 77 Percent of Total Company Net Sales --

-- First-Quarter 2018 KRYSTEXXA Net Sales Growth of 48 Percent; Increasing Full-Year 2018 Net Sales Growth Guidance to More Than 65 Percent --

-- 50 Percent of Patients Now Enrolled in Teprotumumab Phase 3 Clinical Trial --

-- Establishing New Operating Structure Effective in Second-Quarter 2018, With Two Operating Segments:  Orphan and Rheumatology; Primary Care --

-- First-Quarter 2018 Net Sales of $223.9 Million;First-Quarter 2018 GAAP Net Loss of $157.3... More