2022-08-10 07:08:18 XERS Xeris Biopharma
08/10/22 08/1007:08 08/10/2207:08 | Xeris Biopharma reports Q2 EPS (19c) vs. (41c) last yearReports Q2 revenue $25.31M, consensus $25.23M. "We continue to execute our growth strategy and are pleased to have posted record net revenue in the second quarter. Demand for Gvoke HypoPen remains strong and its market share continues to outpace the overall glucagon market; Keveyis reported its best quarter to date; and newly launched Recorlev is off to a great start," said Paul Edick, chairman and CEO of Xeris Biopharma. "We continue to drive education and awareness of all three products and remain confident in the long-term growth opportunity of each. Our strong performance year-to-date and expectations for the remainder of the year gives us confidence that we will achieve our guidance of net product revenue to $105 million to $120 million for the full year 2022, year-end cash balance of $90 million-$110 million and cash flow breakeven by year-end 2023." |
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