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Tuesday, May 7, 2019

Dermira reports Q1 EPS ($1.49), consensus ($1.62)

Reports Q1 revenue $2.45M, consensus $2.64M. As of March 31, 2019, Dermira had cash and investments of $387.8 million and 53.6 million common shares outstanding. Q1 QBREXZA $2.5M vs. $0.3M last year. The company states Q1 “QBREXZA sales were impacted by the company’s launch-related patient financial assistance program designed to broaden patient access, a component of which is being phased out beginning in the second quarter of 2019 as a result of the company having achieved specific objectives for commercial coverage of QBREXZA. ”
https://thefly.com/landingPageNews.php?id=2905113

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