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AUPH
Benzinga
173 days

Autoimmune Disease-Focused Aurinia Pharmaceuticals Reports Quarterly Profit, Revenue Outlook Below Expectations

1. AUPH reports Q4 earnings of $0.01, improving from a $0.19 loss last year. 2. Sales reached $59.9 million, up 33% year-over-year, aligning with consensus. 3. LUPKYNIS net sales were $57.6 million, a 36% increase. 4. 2024 net product sales expected at $216.2 million, within guidance. 5. Stock dropped 6.35% to $7.45 post-earnings announcement.

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FAQ

Why Neutral?

Improved earnings and sales growth are positive but stock drop reflects concerns.

How important is it?

Earnings performance and guidance affect investor sentiment and outlook for AUPH.

Why Short Term?

Immediate market reaction prevalent; outlook may stabilize as expectations adjust.

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