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biotechnology: Archive

Zacks Equity Research

Axsome (AXSM) Q2 Earnings Beat, Stock Dips on Pipeline Updates

Axsome (AXSM) incurs a narrower-than-expected loss in the second quarter. The company provides updates on its central nervous system candidates.

ADCTPositive Net Change JAZZPositive Net Change IMGNPositive Net Change AXSMPositive Net Change

Zacks Equity Research

Viatris (VTRS) Q2 Earnings Beat, Generics Business Grows

Viatris (VTRS) second-quarter earnings and sales beat estimates. The company reiterates its annual guidance.

DVAXPositive Net Change ALKSNegative Net Change VTRSNegative Net Change

Zacks Equity Research

Ligand (LGND) to Post Q2 Earnings: What's in Store?

Ligand's (LGND) second-quarter 2023 performance is likely to have been driven by rising royalty revenues on the back of higher growth in sales of drugs developed using its pelican platform.

AMGNPositive Net Change LGNDPositive Net Change KODPositive Net Change

Kevin Cook

Bull of the Day: NVIDIA (NVDA)

Shares have ramped, but analysts still underestimate the King of AI and its new paradigm

NVDAPositive Net Change AMDPositive Net Change MSFTNegative Net Change CDNSNegative Net Change METAPositive Net Change

Zacks Equity Research

Gilead's (GILD) Q2 Earnings Miss, Revenues Beat on Oncology

Gilead's (GILD) Q2 earnings miss on litigation charges while revenues beat on strong oncology and HIV franchise.

GSKPositive Net Change DVAXPositive Net Change ALKSNegative Net Change GILDPositive Net Change

Zacks Equity Research

Intellia (NTLA) Misses on Q2 Earnings, Gives Pipeline Update

Intellia's (NTLA) second-quarter earnings miss estimates. The company provides an update on its gene-editing pipeline.

REGNPositive Net Change ADCTPositive Net Change IMGNPositive Net Change NTLANegative Net Change

Zacks Equity Research

Prothena (PRTA) Q2 Earnings and Revenues Miss Estimates

Prothena (PRTA) reports a wider-than-expected loss in the second quarter. The company makes considerable pipeline progress and updates 2023 bottom-line guidance.

RHHBYPositive Net Change BMYPositive Net Change NVONegative Net Change PRTANegative Net Change

Zacks Equity Research

Agios (AGIO) Q2 Earnings Beat Estimates, Revenues In Line

Agios (AGIO) reports narrower-than-expected loss in the second quarter of 2023. The revenues are in line with the Zacks Consensus Estimate.

ALNYPositive Net Change ADCTPositive Net Change IMGNPositive Net Change AGIOPositive Net Change

Zacks Equity Research

Regeneron (REGN) Q2 Earnings & Sales Top, Eylea Sales Decline

Regeneron (REGN) beats earnings and sales estimates in second-quarter 2023 fueled by Dupixent. However, sales of the lead drug, Eylea, decline yet again.

REGNPositive Net Change SNYPositive Net Change RHHBYPositive Net Change BAYRYPositive Net Change

Zacks Equity Research

Corcept (CORT) Beats on Q2 Earnings, Ups '23 Sales View

Corcept's (CORT) second-quarter earnings and revenues beat estimates. The company gives updates on its pipelines and raises revenue guidance for 2023, reflecting strong performance of Korlym.

MRKNegative Net Change ADCTPositive Net Change IMGNPositive Net Change CORTPositive Net Change

Zacks Equity Research

Amarin (AMRN) Q2 Earnings and Revenues Surpass Estimates

Amarin's (AMRN) second-quarter 2023 earnings and revenues beat estimates. Vascepa sales decline.

ADCTPositive Net Change IMGNPositive Net Change AMRNPositive Net Change

Zacks Equity Research

Repligen (RGEN) Beats on Q2 Earnings, Lowers '23 Guidance

Repligen's (RGEN) second-quarter earnings and revenues beat their respective Zacks Consensus Estimate. Chromatography and process analytics businesses are the key growth drivers in the quarter.

ADCTPositive Net Change IMGNPositive Net Change RGENNegative Net Change

Tirthankar Chakraborty

3 Top Breakout Stocks to Invest in for Excellent Returns

First Watch Restaurant Group (FWRG), VersaBank (VBNK), and Amicus Therapeutics (FOLD) have been selected as the breakout stocks for today.

FOLDPositive Net Change VBNKPositive Net Change FWRGPositive Net Change

Zacks Equity Research

Exelixis (EXEL) Q2 Earnings Top, Cabometyx Drives Growth

Exelixis (EXEL) beats second-quarter 2023 earnings and sales estimates as Cabometyx drives growth in approved indications.

BMYPositive Net Change TEVAPositive Net Change ALKSNegative Net Change EXELPositive Net Change

Zacks Equity Research

Intercept (ICPT) Q2 Earnings Top Estimates, Revenues Up Y/Y

Intercept (ICPT) reports a lower net loss and beats on revenues in the second quarter. The company also updates its guidance for its lead drug, Ocaliva.

DVAXPositive Net Change ALKSNegative Net Change ICPTPositive Net Change VKTXPositive Net Change

Zacks Equity Research

Esperion (ESPR) Q2 Earnings Top, Stock Up on Strong Revenues

Esperion's (ESPR) second-quarter earnings and revenues beat estimates. The stock surged 7.64% on Tuesday.

ADCTPositive Net Change IMGNPositive Net Change ESPRPositive Net Change

Zacks Equity Research

ImmunoGen (IMGN) Stock Down Despite Q2 Earnings & Sales Beat

ImmunoGen's (IMGN) Q2 earnings show an encouraging adoption of the sole-marketed drug Elahere. The company, however, did not issue any product sales guidance for Elahere for 2023.

VRTXNegative Net Change ADCTPositive Net Change IMGNPositive Net Change

Zacks Equity Research

Incyte (INCY) Beats on Q2 Earnings and Revenue Estimates

Incyte (INCY) reports impressive Q2 earnings on strong uptake in Jakafi and Opzelura sales. The company raises the bottom end of full-year guidance, setting a new range of $2.58-$2.63 billion.

NVSPositive Net Change LLYPositive Net Change INCYNegative Net Change REPLPositive Net Change

Zacks Equity Research

ANI Pharmaceuticals (ANIP) to Post Q2 Earnings: What's in Store?

ANI Pharmaceuticals' (ANIP) second-quarter 2023 performance is likely to have been driven by rising generic and rare disease product revenues.

MRNANegative Net Change ANIPPositive Net Change ACADPositive Net Change AXSMPositive Net Change

Zacks Equity Research

Regeneron (REGN) to Report Q2 Earnings: What's in Store?

Investors' focus is likely to be on the performance of lead drugs Eylea and Dupixent when Regeneron (REGN) reports its second-quarter 2023 results.

REGNPositive Net Change SNYPositive Net Change SRPTPositive Net Change ACADPositive Net Change

Zacks Equity Research

Gilead (GILD) Gears Up to Report Q2 Earnings: What's in Store?

Investors' focus is likely to be on Gilead's (GILD) HIV franchise performance and oncology sales when the company reports its second-quarter 2023 results.

NVONegative Net Change GILDPositive Net Change SRPTPositive Net Change ACADPositive Net Change

Zacks Equity Research

ADMA Biologics (ADMA) to Report Q2 Earnings: What's in Store?

On ADMA Biologics' (ADMA) Q2 earnings call, investors will likely focus on the sales performance of its immune deficiency disorder drugs.

MRNANegative Net Change ADMAPositive Net Change ACADPositive Net Change AXSMPositive Net Change

Zacks Equity Research

Bristol-Myers (BMY) Q2 Earnings, Sales Miss, '23 View Lowered

Bristol-Myers' (BMY) second-quarter 2023 earnings and sales miss estimates due to generic erosion for the oncology drug Revlimid. The company also cuts its forecast for 2023.

NVSPositive Net Change BMYPositive Net Change PFENegative Net Change ALKSNegative Net Change

Zacks Equity Research

Roche (RHHBY) 1H Revenues, Earnings Down on Lower COVID-19 Test Sales

Roche's (RHHBY) performance in the first half of 2023 was ordinary as COVID-19-test sales continue to decline and dent the top line.

REGNPositive Net Change NVSPositive Net Change RHHBYPositive Net Change

Zacks Equity Research

Alkermes (ALKS) Q2 Earnings & Revenues Beat Estimates

Alkermes (ALKS) reports encouraging second-quarter results, wherein both earnings and revenues beat estimates. This is due to strong growth in commercial execution of its proprietary products, Lybalvi and Vivitrol.

JNJNegative Net Change ALKSNegative Net Change ADCTPositive Net Change ACADPositive Net Change