Categories Earnings, Health Care

ACADIA Pharmaceuticals (ACAD): Q3 2019 Earnings Snapshot

— ACADIA Pharmaceuticals Inc. (NASDAQ: ACAD) reported Q3 2019 loss of $0.29 per share, vs. $0.40 expected.

— Revenues grew 62% to $94.6 million, vs. $88.4 million expected.

— Research and development expenses were $62.6 million, compared to $53.1 million last year.

— FY19 NUPLAZID net sales guidance is increased to $330 million to $340 million from the previous range of $320 million to $330 million.

— ACAD shares fell 0.81% following the announcement.

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