Seattle Genetics Reports Second Quarter 2019 Financial Results

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Seattle Genetics (SGEN) Misses Q2 EPS by 11c, Revenues Beat; Offers FY19 Revenue Guidance

July 16, 2019 4:05 PM EDT

Seattle Genetics (NASDAQ: SGEN) reported Q2 EPS of ($0.49), $0.11 worse than the analyst estimate of ($0.38). Revenue for the quarter came in at $28.45 million versus the consensus estimate of $189.81 million.

In the second quarter, we achieved record ADCETRIS net sales in the U.S. and Canada,... More