Pacira BioSciences Reports First Quarter 2021 Financial Results and Business Update

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Pacira Pharma (PCRX) Misses Q1 EPS by 7c

May 4, 2021 8:03 AM EDT

Pacira Pharma (NASDAQ: PCRX) reported Q1 EPS of $0.56, $0.07 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $119 million versus the consensus estimate of $119.28 million.

First Quarter 2021 Financial Results

Total revenues were $119.0 million in the first quarter of 2021, versus $105.7 million reported for the first quarter of 2020.EXPAREL net product sales were $114.7 million in the first quarter of 2021, versus $101.3 million reported for the first quarter of 2020.First quarter 2021 iovera° net product sales were $3.3 million, versus $2.3 million reported for the first quarter of 2020.Sales of bupivacaine liposome injectable... More