Amarin's Q3 Earnings In Line, Revenues Fall Shy of Estimates
Amarin Corporation(AMRN) ZACKS·2024-10-31 22:36
Amarin Corporation plc (AMRN) reported an adjusted loss of 5 cents per share for the third quarter of 2024, which was in line with the Zacks Consensus Estimate. The company had reported breakeven earnings in the year-ago quarter.Total revenues were $42.3 million, which missed the Zacks Consensus Estimate of $44 million. Revenues declined 36% from the year-ago quarter’s levels, owing to lower product revenues.Amarin’s shares were down 2.9% in after-hours trading on Oct. 30, following the announcement of the ...