Amicus Therapeutics: 2Q Earnings Snapshot

Published August 07, 2018

CRANBURY, N.J. (AP) _ Amicus Therapeutics Inc. (FOLD) on Tuesday reported a loss of $61.8 million in its second quarter.

The Cranbury, New Jersey-based company said it had a loss of 33 cents per share.

The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for a loss of 33 cents per share.

The pharmaceutical company posted revenue of $21.3 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $18.9 million.

Amicus Therapeutics shares have risen slightly more than 1 percent since the beginning of the year. The stock has climbed 10 percent in the last 12 months.

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This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on FOLD at https://www.zacks.com/ap/FOLD

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