Theravance Biopharma, Inc. Reports Second Quarter 2019 Financial Results and Provides Business Update

Go back to Theravance Biopharma, Inc. Reports Second Quarter 2019 Financial Results and Provides Business Update

Theravance Biopharma (TBPH) Tops Q2 EPS by 52c, Revenues Beat

July 31, 2019 7:20 AM EDT

Theravance Biopharma (NASDAQ: TBPH) reported Q2 EPS of ($0.72), $0.52 better than the analyst estimate of ($1.24). Revenue for the quarter came in at $26.15 million versus the consensus estimate of $10.87 million.

Rick E Winningham, Chief Executive Officer, commented: "2019 is a critical year of progress that sets the stage for what we believe will be an extraordinary year of data-driven, value-creating milestones in 2020.

"TD-1473, our gut-selective pan-JAK inhibitor, is moving forward in a Phase 2b/3 study in ulcerative colitis and a Phase 2 study in Crohn's disease. Ampreloxetine, our norepinephrine reuptake inhibitor, is advancing in a Phase 3... More