earnings
confidence high
sentiment neutral
materiality 0.75
Puma Biotech Q2 2021 GAAP net loss $5.1M vs prior-year profit; NERLYNX flat at $48.9M
PUMA BIOTECHNOLOGY, INC.
2021-Q2 EPS reported
$0.28
revenue$151,553,000
- GAAP net loss of $5.1M ($0.13 loss/share) vs net income of $3.4M in Q2 2020.
- Non-GAAP adjusted net income $13.1M ($0.32/share) vs $14.0M ($0.36/share) in Q2 2020.
- NERLYNX net revenue $48.9M, essentially flat vs $48.8M in Q2 2020.
- Cash & securities $108.9M at June 30, 2021, up from $93.4M at Dec 31, 2020.
- Received label expansion for NERLYNX dose escalation; SUMMIT top-line data expected Q4 2021.