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DewDiligence

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DewDiligence

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Re: DewDiligence post# 216884

Wednesday, 02/07/2018 4:28:13 PM

Wednesday, February 07, 2018 4:28:13 PM

Post# of 252864
ENTA FY1Q18 results:

http://ir.enanta.com/news-releases/news-release-details/enanta-pharmaceuticals-reports-financial-results-its-fiscal-12

Revenue was $38.1M, of which $23.1M came from royalties and $15.0M from a milestone payment for Mavyret approval in Japan. GAAP EPS was $0.59.

Cash at 12/31/17 was $297.5M.

Gross operating expenses were $23.7M—well below the FY2018 quarterly guidance range of $30.5-34.5M.

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

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