Search This Blog

Thursday, October 10, 2019

Amicus up on preliminary Q3 results

Amicus Therapeutics (NASDAQ:FOLD) expects Galafold sales in Q3 to be ~$48M, up 133% from a year ago and above consensus of ~$45M.
It is raising the lower end of its full-year range for Galafold sales to $170M – 180M from $160M – 180M. It expects to end the year with more than $420M in cash which should extend its runway into H1 2022.
The webcast of its Analyst Day is currently underway.
Shares up 6% premarket on light volume.
https://seekingalpha.com/news/3504981-amicus-6-percent-premarket-preliminary-q3-results

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.