Needham & Company Downgrades Seattle Genetics (SGEN) to Hold

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Seattle Genetics (SGEN) in Focus After Tops Q4 EPS by 2c, Provides Outlook

February 13, 2013 7:52 AM EST

Seattle Genetics Inc. (NASDAQ: SGEN) reported Q4 EPS of ($0.09), $0.02 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $35.35 million versus the consensus estimate of $57.21 million.

2013 Financial Outlook

Seattle Genetics anticipates that revenues from ADCETRIS net product... More