Reports Q1 revenue $781.5M, consensus $797.38M. “In Q1, we extended our run of clinical success, with positive results from both our ADVANCE OUTCOMES and TETON-1 studies,” said CEO Martine Rothblatt. “These readouts have the potential to meaningfully expand the breadth of our future growth and support further revenue diversification while reinforcing our long-term commitment to advancing therapies for patients with serious cardiopulmonary and respiratory disease. Moreover, given these successes, we’re excited to announce our development plans in pulmonary hypertension and fibrosis for ralinepag DPI, which we believe has the potential to achieve once-daily dosing and help broaden our therapeutic reach greater than ever before.” COO Michael Benkowitz added, “While the competitive landscape for inhaled prostacyclins remains dynamic, our continued growth for Tyvaso DPI reflects the resilience of our commercial strategy. Going forward, we are committed to further sharpening our execution with relentless drive and unwavering discipline to return to sequential quarterly revenue growth across our commercial portfolio in the near term.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UTHR:
- Notable companies reporting before tomorrow’s open
- UTHR Earnings this Week: How Will it Perform?
- United Therapeutics announces retirement of Professor Dwek from board
- Nike downgraded, IBM initiated: Wall Street’s top analyst calls
- United Therapeutics price target raised to $519 from $471 at Morgan Stanley
