Shares of Arvinas ARVN remained unaffected after the company reported Q4 results.
Quarterly Results
Earnings per share decreased 76.79% year over year to ($0.99), which missed the estimate of ($0.78).
Revenue of $2,218,000 decreased by 54.67% year over year, which missed the estimate of $6,910,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Arvinas hasn't issued any revenue guidance for the time being.
Recent Stock Performance
52-week high: $92.77
52-week low: $19.68
Price action over last quarter: Up 256.56%
Company Profile
Arvinas Inc is a United States-based private biopharmaceutical company focused on developing first-in-class protein degradation therapeutics for cancers and other difficult-to-treat diseases. The company's proprietary Proteolysis-Targeting Chimera (PROTAC), work by inducing the cell's own ubiquitin-proteasome system to target, degrade and remove disease-causing proteins. Its pipeline candidates include metastatic castration-resistant prostate cancer, metastatic ER-breast cancer, additional oncology indications, tauopathies, and other neurodegenerative diseases.
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