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Sarepta Therapeutics Swings to Q1 Adjusted Earnings as Revenue Increases -- Shares Rise After Hours
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Sarepta Therapeutics Swings to Q1 Adjusted Earnings as Revenue Increases -- Shares Rise After Hours
May 1, 2024 2:33 PM

05:06 PM EDT, 05/01/2024 (MT Newswires) -- Sarepta Therapeutics ( SRPT ) reported Q1 non-GAAP earnings late Wednesday of $0.73 per diluted share, compared with a loss of $0.99 a year earlier.

Analysts polled by Capital IQ expected $0.30.

Revenue for the quarter ended March 31 was $413.5 million, up from $253.5 million a year earlier.

Analysts surveyed by Capital IQ expected $370.5 million.

The company's shares were rising past 5% in recent after-hours activity.

Price: 138.30, Change: +7.40, Percent Change: +5.65

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