Apellis reports Q3 EPS ($1.17), consensus (85c)

Reports Q3 revenue $110.399M, consensus $99.74M. “We are thrilled with the progress we have made these past few months, despite the challenges we have faced, and look forward to the many opportunities that we have in front of us. The SYFOVRE launch is back to a strong growth trajectory, underscoring the patient need and the strength of our product profile as we seek to make a difference in the lives of patients with GA,” said Cedric Francois, M.D., Ph.D., co-founder and chief executive officer of Apellis. “We are also pleased with the progress of EMPAVELI, including the continued demand in PNH, the approval of the EMPAVELI Injector in the U.S., and the positive data from the Phase 2 NOBLE study in IC-MPGN and C3G. We believe all of this, combined with the corporate restructuring we undertook in August, puts our company in a stronger position to continue to create value for shareholders and deliver on our mission for patients now and in the future.”