Theravance Biopharma, Inc. Reports Fourth Quarter and Full Year 2018 Financial Results and Provides Business Update

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Theravance Biopharma (TBPH) Tops Q4 EPS by 14c, Revenues Miss

February 26, 2019 4:41 PM EST

Theravance Biopharma (NASDAQ: TBPH) reported Q4 EPS of ($0.92), $0.14 better than the analyst estimate of ($1.06). Revenue for the quarter came in at $15.7 million versus the consensus estimate of $23.43 million.

Rick E Winningham, chairman and chief executive officer, commented: "Following a highly productive 2018, we begin the year with great momentum and continue to make meaningful progress towards our goal of designing more effective and safer medicines to address unmet patient needs. Early in 2018, we entered into a global collaboration with Janssen for TD-1473, our gut-selective pan-JAK inhibitor for inflammatory intestinal diseases, for which we... More