Catalyst Pharmaceuticals Announces First Quarter 2019 Financial Results and Provides Corporate Update
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Catalyst Pharmaceuticals (CPRX) Tops Q1 EPS by 12c, Revenues Beat
May 13, 2019 6:04 AM EDTCatalyst Pharmaceuticals (NASDAQ: CPRX) reported Q1 EPS of ($0.01), $0.12 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $12.4 million versus the consensus estimate of $1.6 million.
Total net revenue in the first quarter 2019 was $12.4 million.Selling, general and administrative expenses for the first quarter of 2019 totaled $8.4 million as compared to $2.7 million in the first quarter of 2018. The increase is primarily attributed to commercial launch expenses, as well as the patient services programs to support... More