InvestorsHub Logo
Post# of 252611
Next 10
Followers 831
Posts 120056
Boards Moderated 17
Alias Born 09/05/2002

Re: caravon post# 199591

Monday, 02/08/2016 7:16:42 PM

Monday, February 08, 2016 7:16:42 PM

Post# of 252611

Please clarify: does ENTA's [pro forma] cash of $254.5 include...$17.9M [royalty revenue]?

Yes. The $17.9M of royalty revenue earned during FY1Q16 was in the accounts receivable line on the 12/31/15 balance sheet; the actual $17.9M of cash was received from ABBV in January.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.