Why Is Liquidia Stock Trading Higher On Tuesday?
Despite missing earnings estimates, strong sales and FDA approval boost investor confidence.
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Despite missing earnings estimates, strong sales and FDA approval boost investor confidence.
What happened, with direct paths to the underlying reporting
LQDA reported a Q2 loss of 49 cents, missing expectations. Sales reached $8.84 million, beating the consensus of $3.86 million. FDA approved Yutrepia, now shipping to U.S. customers. Interim data from clinical trials shows promising findings for Yutrepia. LQDA stock gained 14.13%, trading at $24.20.
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