Amarin Reports First Quarter 2019 Financial Results and Provides Update on Operations
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Amarin Corp. (AMRN) Tops Q1 EPS by 6c, Revenues Beat
May 1, 2019 5:51 AM EDTAmarin Corp. (NASDAQ: AMRN) reported Q1 EPS of ($0.05), $0.06 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $73.3 million versus the consensus estimate of $67.3 million.
Key Amarin achievements in Q1 2019 include:
Revenue growth: Net total revenue of $73.3 million in Q1 2019 as compared to $43.9 in Q1 2018, an increase of approximately 67% primarily reflecting increased Vascepa prescription growth.sNDA submission: On March 28, 2019, Amarin submitted a supplemental new drug application (sNDA) to the U.S. Food and Drug Administration (FDA) seeking an expanded indication for Vascepa® (icosapent ethyl) capsules, based on the... More