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0.00178067962605735 0.00116040955631414 -0.00133550971954301 -0.00586140376910515 -0.00608398872236232 -0.0123163674135628 -0.0175100163228965 -0.00460008903398134
Stock impact report

Insmed's Q3 Loss Wider Than Expected, Sales In Line With Estimates [Yahoo! Finance]

Insmed Incorporated (INSM) 
Last insmed incorporated earnings: 4/30 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.insmed.com
Company Research Source: Yahoo! Finance
In the year-ago quarter, the company posted a loss of $1.11 per share. Insmed generated total revenues of $93.4 million during the quarter, up 18% year over year. Quarterly sales were in line with the Zacks Consensus Estimate. Shares of INSM were down more than 4% on Thursday likely due to the earnings miss. See the Zacks Earnings Calendar to stay ahead of market-making news. Year to date, shares of Insmed have surged 117.1% against the industry's 3.6% decline. Image Source: Zacks Investment Research In the reported quarter, total revenues were generated entirely by its only marketed drug, Arikayce, which is approved for treating refractory mycobacterium avium complex (MAC) lung disease in adults with limited or no alternative treatment option. The rise in Arikayce sales was driven by continued growth in demand across all marketed regions. Sales of the drug increased 13% to $66.9 million in the United States, while that in Japan rose 31% to $21.0 million. Sales in Europe Show less Read more
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