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Tuesday, February 26, 2019

Blueprint Medicines reports Q4 EPS ($1.83), consensus ($1.76)

Reports Q4 revenue $1.03M, consensus $1.68M. As of December 31, 2018, cash, cash equivalents and investments were $494.0M, as compared to $673m.4M as of December 31, 2017. This decrease was primarily related to cash used in operating activities, partially offset by the $40.0 upfront payment received in connection with entering into the collaboration with CStone Pharmaceuticals and the $10.0M milestone payment achieved under the Roche collaboration in June 2018.

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