CPRX Q3 Earnings & Revenues Beat Estimates, '24 View Raised, Stock Up
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Catalyst Pharmaceuticals (CPRX) reported strong Q3 earnings and revenues, surpassing estimates due to robust Firdapse sales. The company also raised its sales guidance for 2024, leading to a rise in its stock price.
November 07, 2024 | 4:45 pm
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Catalyst Pharmaceuticals reported better-than-expected Q3 earnings and revenues, driven by strong sales of Firdapse. The company raised its 2024 sales guidance, resulting in a stock price increase.
The strong Q3 performance and raised sales guidance for 2024 are positive indicators for Catalyst Pharmaceuticals, suggesting continued growth and profitability. This has led to an increase in the stock price.
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