Halozyme Reports First Quarter 2021 Results

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Halozyme Therapeutics (HALO) Tops Q1 EPS by 5c, Revenues Beat; Offers FY21 EPS Mid-Point Guidance Above Consensus, FY21 Revs. Mid-Point Views Below Consensus

May 10, 2021 4:57 PM EDT

Halozyme Therapeutics (NASDAQ: HALO) reported Q1 EPS of $0.37, $0.05 better than the analyst estimate of $0.32. Revenue for the quarter came in at $89 million versus the consensus estimate of $84.88 million.

"The first quarter marked a strong start to 2021 highlighted by record quarterly royalty revenue driven by the continued successful launch of subcutaneous DARZALEX® worldwide," said Dr. Helen Torley, president and chief executive officer. "Our pipeline of partnered product candidates using ENHANZE®... More