Ligand Reports First Quarter 2020 Financial Results

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Ligand Pharma (LGND) Tops Q1 EPS by 23c; Raises Outlook

May 6, 2020 4:04 PM EDT

Ligand Pharma (NASDAQ: LGND) reported Q1 EPS of $0.89, $0.23 better than the analyst estimate of $0.66. Revenue for the quarter came in at $33.2 million versus the consensus estimate of $26.53 million.

Our first quarter financial results feature strong sales of Captisol to partners evaluating remdesivir in multiple... More