Feb. 18 at 4:04 PM
$HALO Q4 earnings shocker! 📉
Reported a loss of 24 cents per share against expectations of
$2.15 earnings, due to a
$2.42/share impact from the Surf Bio acquisition. However, Q4 revenues surged 52% YoY, driven by product sales and royalties from Phesgo, Darzalex, and Vyvgart Hytrulo. 💰
See why it’s a mixed bag for HALO investors 👉 https://www.zacks.com/stock/news/2871425/halozymes-q4-earnings-miss-higher-royalties-drive-yy-revenues?cid=sm-stocktwits-2-2871425-body-34042&ADID=SYND_STOCKTWITS_TWEET_2_2871425_BODY_34042