Sage Therapeutics (SAGE) Q2 Loss Wider Than Expected, Sales Rise
SAGESage Therapeutics(SAGE) ZACKS·2024-08-02 00:30

Sage Therapeutics, Inc. (SAGE) reported a loss of 1.70pershareforthesecondquarterof2024,widerthantheZacksConsensusEstimateofalossof1.70 per share for the second quarter of 2024, wider than the Zacks Consensus Estimate of a loss of 1.68. The company had reported a loss of 2.68pershareintheyearagoquarter.Revenuesinthesecondquartertotaled2.68 per share in the year-ago quarter.Revenues in the second quarter totaled 8.6 million, significantly up from $2.5 million reported in the year-ago period. The upside can be attributed to strong uptake for the recently launched depression drug Zurzuvae (zuranolone), which is marketed in partnership with drug gian ...