financetom
Business
financetom
/
Business
/
Ascendis Pharma Q3 Loss Narrows, Revenue Rises
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ascendis Pharma Q3 Loss Narrows, Revenue Rises
Nov 15, 2024 12:02 PM

04:16 PM EST, 11/14/2024 (MT Newswires) -- Ascendis Pharma ( ASND ) reported a Q3 loss late Thursday of 1.72 euros ($1.81) per diluted share, narrower than a loss of 2.88 euros loss a year earlier.

Analysts polled by Capital IQ expected a loss of 1.46 euros.

Revenue for the quarter that ended Sept. 30 was 57.8 million euros, up from 48 million euros a year earlier.

Analysts surveyed by Capital IQ expected 70.3 million euros.

Shares of the company were about 8% lower in recent after-hours activity.

Price: 114.50, Change: -9.78, Percent Change: -7.87

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Middlemen have outsized influence on US drug prices due to market consolidation, FTC says
Middlemen have outsized influence on US drug prices due to market consolidation, FTC says
Jul 9, 2024
WASHINGTON, July 9 (Reuters) - The consolidation of pharmacies and health insurance companies through years of deal making has led to a handful of pharmacy benefit managers exercising outsized influence over prescription drug prices, the U.S. Federal Trade Commission said on Tuesday. Pharmacy benefit managers, or PBMs, act as middlemen between drug companies and consumers. They negotiate volume discounts and...
TeraWulf Pays Down all Outstanding Debt
TeraWulf Pays Down all Outstanding Debt
Jul 9, 2024
09:00 AM EDT, 07/09/2024 (MT Newswires) -- TeraWulf ( WULF ) said Tuesday that it has fully repaid its term loan ahead of schedule, eliminating all the Bitcoin miner's outstanding debt. The company said the final payment of $77.5 million also wipes any fees and accrued interest from its balance sheet. Price: 5.88, Change: +0.41, Percent Change: +7.50 ...
Baylin Technologies to Sell Mobile and Network Business
Baylin Technologies to Sell Mobile and Network Business
Jul 9, 2024
09:01 AM EDT, 07/09/2024 (MT Newswires) -- Baylin Technologies ( BYLTF ) , a global wireless technology company, said Tuesday that it will sell its mobile and network business unit, which designs and manufactures antennas for wireless communications products, to a buyer from Korea. The purchase price includes substantially all liabilities of the business. Baylin ( BYLTF ) expects the...
BCE Acquires Two Tech Services Companies
BCE Acquires Two Tech Services Companies
Jul 9, 2024
09:05 AM EDT, 07/09/2024 (MT Newswires) -- Bell, a unit of Canadian telco BCE (BCE.TO), on Tuesday said it has acquired two technical services companies Stratejm and CloudKettle, adding professional and managed services expertise in cybersecurity and salesforce to its existing capabilities. Financial details were not disclosed. According to a statement, these buys will advance Bell's strategy to be a...
Copyright 2023-2026 - www.financetom.com All Rights Reserved