Theravance Biopharma (TBPH) Tops Q4 EPS by 14c, Revenues Miss
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Theravance Biopharma, Inc. Reports Fourth Quarter and Full Year 2018 Financial Results and Provides Business Update
February 26, 2019 4:05 PM ESTDUBLIN, Feb. 26, 2019 /PRNewswire/ --Â Theravance Biopharma, Inc. ("Theravance Biopharma" or the "Company") (NASDAQ: TBPH) today reported financial results for the fourth quarter and full year ended December 31, 2018. Revenue for the fourth quarter and full year 2018 was $15.7 million and $60.4 million, respectively. Full year operating loss was $238.8 million or $187.4 million excluding share-based compensation expense, in line with the Company's previously stated financial guidance. Cash, cash equivalents, and marketable securities totaled $517.1 million as of December 31, 2018.
Rick E Winningham, chairman and chief executive officer, commented: "Following a highly productive 2018, we begin the year... More
