Replies to post #1366 on Enanta Pharmaceuticals Inc (ENTA)

[DewDiligence]

ENTA had $245.6M of cash at 3/31/16 (a reduction of $8.9M relative to 12/31/15):

http://finance.yahoo.com/news/enanta-pharmaceuticals-reports-financial-results-200200117.html

[DewDiligence]

Nitpick: Since ENTA uses an Oct–>Sep fiscal year, evaluating results on a calendar-year basis can be misleading. For instance, ENTA’s guidance for the tax rate is set according to expectations for the full fiscal year.