Alkermes plc Reports Second Quarter 2020 Financial Results and Issues 2020 Financial Expectations

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Alkermes (ALKS) Tops Q2 EPS by 7c, Updates FY Guidance

July 29, 2020 7:09 AM EDT

Alkermes (NASDAQ: ALKS) reported Q2 EPS of $0.06, $0.07 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $247.5 million versus the consensus estimate of $232.75 million.

GUIDANCE:

Alkermes sees FY2020 EPS of $0.00-$0.19, versus the consensus of ($0.01). Alkermes sees... More