Omeros Corporation Reports Second Quarter 2019 Financial Results
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Omeros (OMER) Tops Q2 EPS by 17c, Revenues Beat
August 8, 2019 5:23 PM EDTOmeros (NASDAQ: OMER) reported Q2 EPS of ($0.29), $0.17 better than the analyst estimate of ($0.46). Revenue for the quarter came in at $26.75 million versus the consensus estimate of $24.52 million.
Second Quarter 2019 Financial Highlights
OMIDRIA® revenues for 2Q 2019 were a record high at $26.8 million. This compares to $21.8 million in 1Q 2019. The increase of $5.0 million, or 23 percent, over the prior quarter reflects both an expanded number of purchasing accounts and deeper penetration across Ambulatory Surgery Centers (ASCs), hospitals and the Veterans Administration and other government systems.Net loss in 2Q 2019 was $14.5 million, or $0.29 per share, which... More