Sarepta Therapeutics Announces First Quarter 2021 Financial Results and Recent Corporate Developments

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Sarepta Therapeutics (SRPT) Tops Q1 EPS by 23c, Revenues Beat

May 5, 2021 4:39 PM EDT

Sarepta Therapeutics (NASDAQ: SRPT) reported Q1 EPS of ($1.54), $0.23 better than the analyst estimate of ($1.77). Revenue for the quarter came in at $146.93 million versus the consensus estimate of $143.33 million.

In the first quarter, we obtained FDA approval for and launched our third RNA therapy for Duchenne, AMONDYS 45 (casimersen). The first AMONDYS 45 patient was treated within the first week of approval. Serving the community with EXONDYS 51, VYONDYS 53, and AMONDYS 45, we achieved net product revenue of $124.9 million, a 24%... More