Radius Health (RDUS) Tops Q4 EPS by 51c, Revenues Beat; Offers FY19 Revenue Mid-Point Guidance Below Consensus

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Radius Health Announces Fourth Quarter and Full-Year 2018 Operating Results

February 28, 2019 4:06 PM EST

TYMLOS® U.S. net sales continued to increase, reaching $34.4 million in the fourth quarter of 2018 and totaling $99.2 million for full-year 2018, exceeding the Companys guidance of $95-98 million.

Elacestrants Phase 3 study was initiated at the end of 2018 and is open for enrollment.

Radius maintains its financial guidance for 2019 with full-year TYMLOS U.S. net sales expected to be between $155 to $175 million and year-end cash, cash equivalents & investments expected to exceed $100 million.

Conference call scheduled for 4:30 p.m. ET today... More