financetom
Business
financetom
/
Business
/
BioCryst Pharmaceuticals Q2 Adjusted Loss Narrows, Revenue Rises
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
BioCryst Pharmaceuticals Q2 Adjusted Loss Narrows, Revenue Rises
Aug 5, 2024 4:54 AM

07:30 AM EDT, 08/05/2024 (MT Newswires) -- BioCryst Pharmaceuticals ( BCRX ) reported a Q2 adjusted loss Monday of $0.06 per diluted share, narrowing from a loss of $0.24 a year earlier.

Analysts polled by Capital IQ expected a normalized loss of $0.16.

Revenue for the quarter ended June 30 was $109.3 million, up from $82.5 million a year earlier.

Analysts surveyed by Capital IQ expected $98.3 million.

The company raised its 2024 global net Ordaleyo revenue outlook to now be between $420 million and $435 million from the prior guidance of $390 million to $400 million. Analysts surveyed by Capital IQ expect $401.4 million.

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 >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Leidos Acquires Kudu Dynamics
Leidos Acquires Kudu Dynamics
May 28, 2025
08:40 AM EDT, 05/28/2025 (MT Newswires) -- Leidos ( LDOS ) said Wednesday that it acquired Kudu Dynamics for about $300 million in cash, marking its first acquisition in over two years. The company said the deal will boost its AI-driven cyber capabilities, particularly in offensive cyber operations, electromagnetic spectrum activities, and vulnerability research. ...
Kingsoft Cloud Q1 Loss Narrows, Revenue Increases
Kingsoft Cloud Q1 Loss Narrows, Revenue Increases
May 28, 2025
08:33 AM EDT, 05/28/2025 (MT Newswires) -- Kingsoft Cloud Holdings ( KC ) reported a Q1 net loss Wednesday of 0.08 Chinese renminbi ($0.01) per diluted share, narrowing from a loss of 0.10 renminbi a year earlier. Comparable analyst estimates were not readily available. Revenue for the quarter ended March 31 was 1.97 billion renminbi, up from 1.78 billion renminbi...
Market Chatter: Chevron Receives US Authorization to Maintain Venezuelan Assets
Market Chatter: Chevron Receives US Authorization to Maintain Venezuelan Assets
May 28, 2025
08:34 AM EDT, 05/28/2025 (MT Newswires) -- Chevron ( CVX ) received permission from the Trump administration to maintain assets in Venezuela, including its stakes in Venezuelan oil joint ventures despite US sanctions on the Latin American nation, Reuters reported Wednesday, citing sources with knowledge of the matter. Under the authorization, Chevron ( CVX ) cannot operate oilfields in the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved