Xenon Pharmaceuticals Reports Third Quarter 2020 Financial Results and Provides Corporate Update

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Xenon Pharmaceuticals (XENE) Misses Q3 EPS by 10c, Revenues Miss

November 5, 2020 5:34 PM EST

Xenon Pharmaceuticals (NASDAQ: XENE) reported Q3 EPS of ($0.25), $0.10 worse than the analyst estimate of ($0.15). Revenue for the quarter came in at $6.55 million versus the consensus estimate of $10.06 million.

Dr. Simon Pimstone, Xenons Chief Executive Officer, said, We continue to make good progress as we advance our proprietary neurology product candidates into mid- to late-stage clinical development despite the ongoing COVID-19 pandemic. We continue to manage our business prudently and are in a very sound financial position... More