Pacira BioSciences Reports Record Revenue of $135.6 Million for the Second Quarter of 2021

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Pacira Pharmaceuticals (PCRX) PT Lowered to $66 at BMO Capital

August 5, 2021 12:41 PM EDT

BMO Capital analyst Gary Nachman lowered the price target on Pacira Pharmaceuticals (NASDAQ: PCRX) to $66.00 (from $70.00) while maintaining a Market Perform rating.

The analyst commented, "Exparel had solid 2Q (preannounced 7/13), and PCRX is optimistic strong momentum should continue in 2H21 with... More

Pacira Pharma (PCRX) Tops Q2 EPS by 8c

August 3, 2021 8:08 AM EDT

Pacira Pharma (NASDAQ: PCRX) reported Q2 EPS of $0.77, $0.08 better than the analyst estimate of $0.69. Revenue for the quarter came in at $135.6 million versus the consensus estimate of $128.01 million.

Financial Guidance:

The companys net product sales were negatively impacted by the COVID-19 pandemic in 2020 due to the... More