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Halozyme Therapeutics, Inc. (HALO) released a profit for its second quarter that advanced from last year.


RTTNews | Aug 9, 2021 04:42PM EDT

16:42 Monday, August 9, 2021 (RTTNews.com) - Halozyme Therapeutics, Inc. (HALO) released a profit for its second quarter that advanced from last year.

The company's profit came in at $91.5 million, or $0.62 per share. This compares with $25.8 million, or $0.19 per share, in last year's second quarter.

Excluding items, Halozyme Therapeutics, Inc. reported adjusted earnings of $97.8 million or $0.66 per share for the period.

Analysts had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 147.3% to $136.5 million from $55.2 million last year.

Halozyme Therapeutics, Inc. earnings at a glance:

-Earnings (Q2): $97.8 Mln. vs. $33.6 Mln. last year.-EPS (Q2): $0.66 vs. $0.24 last year.-Analysts Estimate: $0.40-Revenue (Q2): $136.5 Mln vs. $55.2 Mln last year.

-Guidance:Full year EPS guidance: $1.85-$2.00Full year revenue guidance: $425-445 mln

Read the original article on RTTNews ( https://www.rttnews.com/3217429/halozyme-therapeutics-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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