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Alkermes Q2 Adjusted Earnings Rise, Revenue Falls

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Alkermes Q2 Adjusted Earnings Rise, Revenue Falls

Jul 24, 2024 5:35 AM

08:07 AM EDT, 07/24/2024 (MT Newswires) -- Alkermes ( ALKS ) reported Q2 adjusted earnings Wednesday of $0.70 per diluted share, up from $0.55 a year earlier.

Analysts polled by Capital IQ expected $0.71.

Revenue for the quarter ended June 30 was $399.1 million, down from $617.4 million a year earlier.

Analysts polled by Capital IQ expected $393.4 million.

Price: 25.40, Change: +0.40, Percent Change: +1.60

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