Collegium Pharmaceutical: Q2 Earnings Snapshot
STOUGHTON, Mass. (AP) — STOUGHTON, Mass. (AP) — Collegium Pharmaceutical Inc. (COLL) on Thursday reported second-quarter profit of $13 million.
On a per-share basis, the Stoughton, Massachusetts-based company said it had net income of 34 cents. Earnings, adjusted for one-time gains and costs, were $1.26 per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.
The specialty pharmaceutical company posted revenue of $135.5 million in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $138 million.
Collegium Pharmaceutical expects full-year revenue in the range of $565 million to $580 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COLL at https://www.zacks.com/ap/COLL
