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
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US:NASDAQ Investor Relations:
investor.insmed.com
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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
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INSM
News
- Insmed Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)PR Newswire
- Insmed To Present at November 2024 Investor ConferencesPR Newswire
- Insmed Incorporated (NASDAQ: INSM) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $105.00 price target on the stock, up previously from $100.00.MarketBeat
- Do You Believe in the Growth Potential of Insmed (INSM)? [Yahoo! Finance]Yahoo! Finance
- Insmed Incorporated (NASDAQ: INSM) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $90.00 price target on the stock.MarketBeat
INSM
Earnings
- 10/31/24 - Miss
INSM
Sec Filings
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 9/16/24 - Form 4
- INSM's page on the SEC website