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Liquidia reports Q2 EPS (37c), consensus (34c)

Liquidia reports Q2 EPS (37c), consensus (34c)

Reports Q2 revenue $3.66M, consensus $9.45M. Cash and cash equivalents totaled $133.1M as of June 30 compared to $83.7M as of December 31, 2023. The company said, “Revenue related primarily to our promotion agreement with Sandoz pursuant to which we share profits from the sale of Treprostinil Injection in the U.S. The decrease of $1.1M was primarily due to the impact of lower sales quantities in the current year as compared to the same period in the prior year.”

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