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Momenta Pharmaceuticals Inc. Message Board

  • marius1998 marius1998 May 1, 2012 11:45 PM Flag

    Will MNTA report tomorrow ?

    Will Momenta report 1st Q 2012 earnings results tomorrow May 3, 2012, before market open?
    1st Q 2012 revenues are expected to be $37.38 million compared to $78.17 million for the same quarter last year. Earnings per share for the first quarter are expected to be 21 cents a share from $1.13 a share last year.
    I assume that this will not affect share price but a decision on Copaxone will.
    Can anybody judicially predict when is this expected?
    A few days ago TEVA reported interim data from a study, which suggests that MS patients who switched to Copaxone from interferon-beta treatment showed a significant reduction in spasticity. http://www.globes.co.il/serveen/globes/docview.asp?did=1000744232&fid=1725
    Will wait and see.

 
MNTA
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