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Tuesday, May 5, 2020

MacroGenics EPS beats by $0.11, beats on revenue

MacroGenics (NASDAQ:MGNX): Q1 GAAP EPS of -$0.91 beats by $0.11.
Revenue of $13.68M (+41.6% Y/Y) beats by $4.2M.
https://seekingalpha.com/news/3569690-macrogenics-eps-beats-0_11-beats-on-revenue

Sweden: Covid-19 likely in country as early as November 2019 from Wuhan

A top Swedish health official says it’s likely there were imported coronavirus cases as early as last year in the nation, according to a report.
Anders Tegnell, chief epidemiologist at Sweden’s Public Health Agency, said that he believes the Scandinavian country will ultimately find that it had cases far back as November 2019, the Telegraph reported.
“I think you could find individual cases among travelers to Wuhan who were there back in November and December last year,” he told Sweden’s TT news agency, according to the outlet. “That doesn’t sound strange at all, but more completely to be expected.”
His comments come in response to the revelation that a patient in France was infected with COVID-19 back in December — a month before the contagion was thought to have reached Europe.
Doctors retroactively tested the samples from when the man was admitted to a hospital near Paris on Dec. 27 with a cough, headache and fever.
https://nypost.com/2020/05/05/sweden-says-coronavirus-likely-in-country-as-early-as-november-2019/

PerkinElmer EPS beats by $0.15, beats on revenue

PerkinElmer (NYSE:PKI): Q1 Non-GAAP EPS of $0.67 beats by $0.15; GAAP EPS of $0.30 beats by $0.20.
Revenue of $652.59M (+0.6% Y/Y) beats by $18.13M.
https://seekingalpha.com/news/3569550-perkinelmer-eps-beats-0_15-beats-on-revenue

Inspire Medical Systems EPS misses by $0.13, beats on revenue

Inspire Medical Systems (NYSE:INSP): Q1 GAAP EPS of -$0.67 misses by $0.13.
Revenue of $21.35M (+31.4% Y/Y) beats by $0.03M.
https://seekingalpha.com/news/3569544-inspire-medical-systems-eps-misses-0_13-beats-on-revenue

Brookdale Senior Living EPS of $2.00

Brookdale Senior Living (NYSE:BKD): Q1 EPS of $2.00 may not be comparable to consensus of -$0.04.
Revenue of $1.02B (-1.9% Y/Y) beats by $20M.
https://seekingalpha.com/news/3569542-brookdale-senior-living-eps-of-2_00

Medifast EPS beats by $0.62, beats on revenue

Medifast (NYSE:MED): Q1 Non-GAAP EPS of $1.93 beats by $0.62; GAAP EPS of $1.56 beats by $0.25.
Revenue of $178.46M (+7.6% Y/Y) beats by $12.66M.
https://seekingalpha.com/news/3569528-medifast-eps-beats-0_62-beats-on-revenue

NYC police union: City will ‘fall apart’ if social distancing action doesn’t end

The union representing New York City’s police officers warned that the city will “fall apart” if the police force is used to enforce social distancing measures.
“This situation is untenable: the [New York Police Department] needs to get cops out of the social distancing enforcement business altogether,” Patrick Lynch, the president of the Police Benevolent Association of New York, said in a statement.
The NYPD’s involvement in enforcing the city’s social distancing orders has been thrust under scrutiny after video surfaced of an officer hitting a man in Manhattan while trying to separate people. Three men in total were arrested in the incident, and an officer is on modified duty pending an internal review.
Lynch accused the city’s leadership of providing the police force only “vague” guidelines over how to enforce the measures, and that the criticism of the NYPD’s involvement in making sure people separate from each other was inevitable.
“The cowards who run this city have given us nothing but vague guidelines and mixed messages, leaving the cops on the street corners to fend for ourselves,” he said. “Nobody has a right to interfere with a police action, but now that the inevitable backlash has arrived, they are once again throwing us under the bus.
“As the weather heats up and the pandemic continues to unravel our social fabric, police officers should be allowed to focus on our core public safety mission,” he continued. “If we don’t, the city will fall apart before our eyes.”
The city dispatched 1,000 police officers Saturday to ensure people follow social distancing orders as the weather heats up. New York City Mayor Bill de Blasio (D) called the weekend incident in Manhattan “unacceptable,” but insisted that the boosted police presence would ultimately help the city.
“Just the appearance of the NYPD causes people to correct their behavior,” de Blasio said during a press conference on Monday.
https://thehill.com/homenews/state-watch/496221-ny-police-union-warns-city-will-fall-apart-if-enforcement-of-social