United Therapeutics (UTHR) Misses Q4 EPS by 69c, Revenues Miss
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United Therapeutics Corporation Reports Fourth Quarter and Full Year 2019 Financial Results
February 26, 2020 6:00 AM ESTSILVER SPRING, Md. and RESEARCH TRIANGLE PARK, N.C., Feb. 26, 2020 /PRNewswire/ -- United Therapeutics Corporation (Nasdaq: UTHR) today announced its financial results for the fourth quarter and year ended December 31, 2019. Full year net revenue decreased 11% to $1,449 million, largely due to the launch of generic versions of Adcirca® in late 2018. Full year net revenue excluding Adcirca increased 3% in 2019 as compared to 2018. Quarterly net revenue of $311 million decreased 18% from the prior year. The year-over-year quarterly revenue decline was largely due to an estimated $43.6 million decrease in purchases of our treprostinil-based... More
