Intercept Pharma (ICPT) Tops Q2 EPS by 21c; Offers FY22 Revenue Guidance
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Intercept Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Update
August 3, 2022 7:00 AM EDTWorldwide Ocaliva® non-GAAP adjusted net sales in PBC of $100.4 million; U.S. net sales of $71.8 million representing 5% growth over the prior year quarter
Company reissues 2022 financial guidance to reflect impact of sale of international business: Ocaliva non-GAAP adjusted net sales guidance of $325 million to $345 million and non-GAAP adjusted operating expense guidance of $335 million to $365 million
Intercept completed the sale of its international business for $405 million in upfront consideration on July 1, 2022
Following pre-submission meeting with FDA, Company to resubmit new drug application (NDA) in liver fibrosis due to NASH by end... More