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Shares of OptiNose (NASDAQ:OPTN) remained unaffected after the company reported Q1 results.
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Quarterly Results
Earnings per share were up 22.22% year over year to ($0.49), which beat the estimate of ($0.53).
Revenue of $11,960,000 higher by 69.36% from the same period last year, which beat the estimate of $11,200,000.
Outlook
OptiNose sees FY 2021 XHANCE net revenue of at least $80 million.
Details Of The Call
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Date: May 05, 2021
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Recent Stock Performance
52-week high: $10.00
52-week low: $3.14
Price action over last quarter: down 5.98%
Company Overview
OptiNose Inc is a US-based specialty pharmaceutical company which focuses on the development and commercialization of products for patients treated by ear, nose, and throat, and allergy specialists. The lead product of the company, XHANCE nasal spray, which utilizes proprietary breath powered exhalation delivery system, to deliver a topically-acting and potent anti-inflammatory corticosteroid for the treatment of chronic rhinosinusitis with nasal polyps. The XHANCE is able to deliver medication to the primary site of inflammation high and deep in the nasal passages in regions not adequately reached by intranasal steroids. The pipeline products of the company include XHANCE, OPN-300, OPN-021, and AVP-825.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.