Sage Therapeutics, Inc. Price, Consensus and EPS Surprise [Yahoo! Finance]
Sage Therapeutics, Inc. (SAGE)
Last sage therapeutics, inc. earnings: 2/27 06:30 am
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US:NASDAQ Investor Relations:
investor.sagerx.com/investor-relations
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Source: Yahoo! Finance
5 min read In This Article SAGE BIIB Sage Therapeutics, Inc. SAGE reported a loss of $1.56 per share for the fourth quarter of 2024, wider than the Zacks Consensus Estimate of a loss of $1.45. The company had reported a loss of 55 cents per share in the year-ago quarter. See the Zacks Earnings Calendar to stay ahead of market-making news. Revenues in the fourth quarter totaled $12.8 million, significantly down from $78 million reported in the year-ago period. Revenues missed the Zacks Consensus Estimate of $14 million. The year-over-year revenue decline was due to a $75 million license and milestone revenue recorded in the year-ago quarter SAGE markets its new depression drug Zurzuvae (zuranolone) in partnership with drug giant Biogen BIIB. Zurzuvae, the first and only oral treatment indicated for adults with postpartum depression (PPD), was approved in August 2023 and was commercially launched in December 2023. In the past year, shares of Sage Therapeutics have plu
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