Omeros Corporation Reports Third Quarter 2015 Financial Results

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Go back to Omeros Corporation Reports Third Quarter 2015 Financial Results

OMIDRIA Sales Missed its Mark; Wedbush Cuts Price Target on Omeros (OMER) to $65

November 11, 2015 6:41 AM EST

Wedbush reiterated an Outperform rating on Omeros Corp. (NASDAQ: OMER), and cut the price target to $65.00 (from $70.00), following the company's 3Q earnings report. OMER reported revenues of $3.3MM and EPS (loss) of ($0.53), missing consensus of $7.2MM and EPS (loss) of ($0.47). OMIDRIA sales were $3.2MM vs. consensus of $6.8MM.

Analyst... More

Needham & Company Cuts Price Target on Omeros (OMER) Following 3Q

November 10, 2015 2:18 PM EST

Needham & Company maintained a Buy rating on Omeros Corp. (NASDAQ: OMER), and cut the price target to $30.00 (from $32.00), following the company's 3Q15 earnings report. OMER reported 3Q15 revenues of $3.3MM (lower than consensus of $8.0MM) and EPS loss of $0.53 (compared to consensus of $0.47). OMER reported Omidria sales of $3.2MM for 3Q15, vs. $3.1MM in 2Q15.... More

Omeros (OMER) Tops Q3 EPS by 1c

November 9, 2015 4:11 PM EST

Omeros (NASDAQ: OMER) reported Q3 EPS of ($0.46), $0.01 better than the analyst estimate of ($0.47). Revenue for the quarter came in at $3.3 million versus the consensus estimate of $7.97 million.

Omeros is in the process of hiring as employees field sales representatives currently supplied by Ventiv Commercial... More