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Exelixis completed overall survival analysis for CONTACT-02 trial. Cabozantinib and atezolizumab showed significant progression-free survival benefits. Second-quarter adjusted EPS of $0.84 exceeded consensus estimates. 2024 revenue guidance is higher than previous expectations. Analysts remain positive about Exelixis’ investment profile amid market challenges.
- Exelixis completed overall survival analysis for CONTACT-02 trial.
- Cabozantinib and atezolizumab showed significant progression-free survival benefits.
- Second-quarter adjusted EPS of $0.84 exceeded consensus estimates.
- 2024 revenue guidance is higher than previous expectations.
- Analysts remain positive about Exelixis’ investment profile amid market challenges.
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