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1.58705219343112E-06 -0.0001571181671451 -0.00317251733457754 -0.00317251733457754 -0.0158689348816614 -0.014599293126953 -0.0139644722495989 -0.0139644722495989
Stock impact report

Amarin (AMRN) Stock Down Despite Q2 Earnings & Revenues Beat [Yahoo! Finance]

Amarin Corporation plc - American Depositary Shares, each representing one Ordinary Share (AMRN) 
Last amarin corporation plc - american depositary shares, each representing one ordinary share earnings: 4/30 05:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.amarincorp.com/investors
Company Research Source: Yahoo! Finance
The company recorded an adjusted loss of 4 cents per share in the year-ago quarter. Total revenues were $67.5 million, which beat the Zacks Consensus Estimate of $46 million. However, revenues declined 16% from the year-ago quarter's levels, owing to lower product revenues. Despite the better-than-expected results, shares of Amarin were down 12.9% on Jul 31. Year to date, the stock has plunged 21.6% compared with the industry's decline of 0.1%. Image Source: Zacks Investment Research Quarter in Detail Net product revenues from Vascepa, the company's sole marketed drug, in the second quarter, were $47.5 million, down 27.1% year over year. U.S. product revenues from Vascepa totaled $43.8 million, declining 32.2% from the year-ago quarter's level as rising generic competition continued to hurt sales volumes. The drug's U.S. sales beat our model estimate of $32.1 million. Product revenues from Vazkepa (Vascepa's brand name in Europe) in the European market totaled $3.5 milli Show less Read more
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