Avadel Pharmaceuticals Q1 Cash and Equivalents $88.8M
Portfolio Pulse from Benzinga Newsdesk
Avadel Pharmaceuticals reported its Q1 cash, cash equivalents, and marketable securities totaling $88.8 million as of March 31, 2024.

May 08, 2024 | 11:09 am
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Avadel Pharmaceuticals reported a total of $88.8 million in cash, cash equivalents, and marketable securities for Q1 2024.
The reported amount of cash and marketable securities is a critical indicator of financial health and liquidity. For investors, this figure can signal stability and potential for future investments or operations, likely leading to a positive short-term impact on AVDL's stock price.
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