05:02 PM EDT, 08/06/2024 (MT Newswires) -- Exelixis ( EXEL ) reported Q2 non-GAAP diluted earnings late Tuesday of $0.84 a share, up from $0.31 a year earlier.

Analysts surveyed by Capital IQ expected $0.37.

Revenue for the quarter ended June 30 was $637.2 million, up from $469.8 million a year earlier.

Analysts polled by Capital IQ expected $465.1 million.

The company now expects fiscal 2024 revenue of $1.98 billion to $2.08 billion. It previously expected $1.83 billion to $1.93 billion of revenues.

Analysts surveyed by Capital IQ expect $1.88 billion.

Shares were up 6.6% in after-hours activity.

Price: 24.99, Change: +1.54, Percent Change: +6.57