Catalyst: Q4 Financial Results Overview
Catalyst Pharmaceuticals Announces Strong Fourth Quarter Results
Catalyst Pharmaceutical Partners Inc., headquartered in Coral Gables, Florida, revealed a net income of $52.7 million for the fourth quarter.
The company reported earnings of $0.41 per share, while adjusted earnings—accounting for pretax and amortization adjustments—reached $0.68 per share.
These figures surpassed analyst projections, as the consensus from four Zacks Investment Research analysts anticipated earnings of $0.42 per share.
Quarterly revenue totaled $152.6 million, exceeding Wall Street's forecast of $140 million from the same group of analysts.
For the full year, Catalyst Pharmaceuticals achieved a profit of $214.3 million, or $1.68 per share, with annual revenue amounting to $589 million.
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