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0 0 0.000281848928974014 -0.00450958286358522 -0.00169109357384448 -0.00676437429537773 -0.00845546786922222 -0.00676437429537773
Stock impact report

Pacira Q3 Earnings Top, Revenues Miss Despite Exparel Sales Growth [Yahoo! Finance]

Pacira BioSciences, Inc. (PCRX) 
Last pacira biosciences, inc. earnings: 2/20 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.pacira.com
Company Research Source: Yahoo! Finance
The company had reported adjusted earnings of 72 cents per share in the year-ago quarter. Total revenues amounted to $168.6 million, which increased 3% year over year but missed the Zacks Consensus Estimate of $169 million. Pacira's top line comprises product sales and royalty revenues. The company recognizes product revenues from the sales of its three marketed drugs — Exparel, Zilretta and iovera. Exparel's net product sales were $132 million, which increased 3% from the year-ago quarter figure. The reported figure beat the Zacks Consensus Estimate of $131.2 million and our model estimate of $130 million. Revenue growth from Exparel sales was partially offset by a shift in vial mix and contracted discounts. Exparel (bupivacaine liposome injectable suspension) is indicated in patients aged six years and older for single-dose infiltration to produce postsurgical local analgesia. It is also indicated for regional analgesia in adults via an interscalene brachial plexus nerve blo Show less Read more
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