Assertio Reports Third Quarter 2020 Financial Results

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Go back to Assertio Reports Third Quarter 2020 Financial Results

Assertio Therapeutics (ASRT) Misses Q3 EPS by 10c, Revenues Beat

November 6, 2020 6:17 AM EST

Assertio Therapeutics (NASDAQ: ASRT) reported Q3 EPS of ($0.09), $0.10 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $34.57 million versus the consensus estimate of $32.5 million.

Reported Net Product Sales of $34.3 MillionNon-GAAP Net Product Sales of $33.7 Million; Increased 21.4% over Pro-Forma Second Quarter 2020Non-GAAP Net Product Sales Consistent with Pro-Forma Prior Year Quarter Despite COVID-19 Related Sales Disruptions and Effects of Sales Force IntegrationProvides Updated Outlook for Remainder of 2020

We are proud of what we have achieved so far this year, as we... More