Vertex Pharma (VRTX) Tops Q3 EPS by 30c, Revenues Beat

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Vertex Reports Third-Quarter 2020 Financial Results

October 29, 2020 4:01 PM EDT

-Product revenues of $1.54 billion, a 62% increase compared to Q3 2019-

-Company raises revenue guidance; now expects 2020 product revenues of $6.0 to $6.2 billion-

BOSTON--(BUSINESS WIRE)-- Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the third quarter ended September 30, 2020 and revised upward its full-year 2020 financial guidance for product revenues.

"This has been another very strong quarter for Vertex with execution across our CF business and continued earnings and revenue growth," said Reshma Kewalramani, M.D., Chief Executive Officer and President of... More