Epizyme Reports Business Progress and Second Quarter 2020 Financial Results

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Epizyme (EPZM) Tops Q2 EPS by 3c

August 4, 2020 6:39 AM EDT

Epizyme (NASDAQ: EPZM) reported Q2 EPS of ($0.58), $0.03 better than the analyst estimate of ($0.61). Revenue for the quarter came in at $2.47 million versus the consensus estimate of $4.3 million.

Second Quarter 2020 Financial Results

Cash Position: Cash, cash equivalents and marketable securities were $322.1 million as of June 30, 2020, as compared to $376.5 million as of March 31, 2020.Revenue: Total revenue for the second quarter of 2020 was $2.5 million, comprised of $2.2 million in net sales of TAZVERIK in the U.S. and $0.2 million in collaboration revenue, compared to $1.4 million in Q1 2020, comprised of $1.3 million in net sales... More