Reports Q1 revenue $1.176B, consensus $372.61M. Total revenue also includes royalty, collaboration and license, and manufacturing revenue of $1.022.7B, compared to $32.5M last year. “Following a year of outstanding execution across every part of the Company, we have built on this positive momentum with solid revenue performance in the first quarter, allowing us to narrow our full-year revenue guidance,” said Matthew B. Klein, CEO. “Our strong cash balance supports all of our planned commercial and R&D activities and provides the ability to reach cashflow breakeven without raising additional capital. The positive CHMP opinion for Sephience kickstarts our anticipated global launch for what we see as a significant revenue opportunity.”
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