Ligand Pharma (LGND) Tops Q3 EPS by 14c
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Ligand Reports Third Quarter 2015 Financial Results
November 9, 2015 4:02 PM ESTConference Call Begins at 4:30 p.m. Eastern Time Today
SAN DIEGO--(BUSINESS WIRE)-- Ligand Pharmaceuticals Incorporated (NASDAQ: LGND) today reported financial results for the three and nine months ended September 30, 2015, and provided an operating forecast and program updates.
Financial highlights for the third quarter of 2015 include:
Total revenues were $17.7 million and royalty revenues were $9.8 million, an increase of 18% and 30%, respectively, compared with the third quarter of 2014. Adjusted EPS was $0.56 and GAAP EPS was $10.46. Cash flow from operations... More