Benzinga | Jul 29, 2020 07:06AM EDT

Alkermes Q2 Adj. EPS $0.06 Beats $(0.01) Estimate, Sales $247.53M Beat $232.75M Estimate

Alkermes (NASDAQ:ALKS) reported quarterly earnings of $0.06 per share which beat the analyst consensus estimate of $(0.01) by 700 percent. This is a 33.33 percent decrease over earnings of $0.09 per share from the same period last year. The company reported quarterly sales of $247.53 million which beat the analyst consensus estimate of $232.75 million by 6.35 percent. This is a 11.56 percent decrease over sales of $279.87 million the same period last year.