Verastem Oncology Reports Third Quarter 2019 Financial Results and Recent Company Progress

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Verastem (VSTM) Tops Q3 EPS by 11c

October 29, 2019 4:26 PM EDT

Verastem (NASDAQ: VSTM) reported Q3 EPS of ($0.35), $0.11 better than the analyst estimate of ($0.46). Revenue for the quarter came in at $9.03 million versus the consensus estimate of $8.95 million.

In the third quarter, we achieved $9.0 million in revenue, including $4.0 million in net product revenue from COPIKTRA, a 33% increase over the prior... More