uniQure Announces Second Quarter 2019 Results and Highlights Recent Company Progress

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Go back to uniQure Announces Second Quarter 2019 Results and Highlights Recent Company Progress

uniQure (QURE) Misses Q2 EPS by 8c, Revenues Beat

July 29, 2019 7:22 AM EDT

uniQure (NASDAQ: QURE) reported Q2 EPS of ($0.83), $0.08 worse than the analyst estimate of ($0.75). Revenue for the quarter came in at $2.47 million versus the consensus estimate of $1.46 million.

Financial Highlights

Cash Position: As of June 30, 2019, the Company held cash and cash equivalents of $184.1 million, compared to $208.8 million as of March 31, 2019. The Company currently expects cash and cash equivalents will be sufficient to fund operations into 2021.Revenues: Revenue for the three months ended June 30, 2019 was $2.5 million, compared to $3.1 million during the same period 2018. The decrease reflects the October 2018 termination of the... More