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H2R

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H2R

Re: None

Friday, 01/10/2020 11:08:06 AM

Friday, January 10, 2020 11:08:06 AM

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A disappointing quarter!

Q4 2019 revenue are disappointing!


Q4 Andexxa/Ondexxya sales will be ~$32M.

Global 2019 revenues should be ~$111M, 17% below consensus of $134M.


https://seekingalpha.com/news/3530833-portola-down-39-after-hours-on-weak-q4


The Yahoo! Finance analysts expectations:
* Q4 2019: $43M
* 2019: $131M

https://finance.yahoo.com/quote/PTLA/analysis?p=PTLA

That bites. The market reaction was to be expected, maybe not that big of a correction though, but still.

Best of luck in your investments!
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