Workflow
Axsome Therapeutics(AXSM)
icon
Search documents
Axsome Therapeutics Announces Successful Completion and Results of Phase 3 Clinical Program of AXS-05 in Alzheimer’s Disease Agitation
GlobeNewswire· 2024-12-30 12:00
ACCORD-2 Phase 3 trial in Alzheimer’s disease agitation achieves primary endpoint compared to placebo (p=0.001, time to relapse) ACCORD-2 Phase 3 trial achieves key secondary endpoint compared to placebo (p=0.001, prevention of relapse of Alzheimer’s disease agitation) AXS-05 reduced worsening of Alzheimer’s disease overall compared to placebo in ACCORD-2 Phase 3 trial (p<0.001, CGI-S Alzheimer’s disease overall clinical status) ADVANCE-2 trial did not demonstrate statistical significance on primary endpoin ...
Why Is Axsome (AXSM) Down 0.1% Since Last Earnings Report?
ZACKS· 2024-12-12 17:36
It has been about a month since the last earnings report for Axsome Therapeutics (AXSM) . Shares have lost about 0.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Axsome due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Axsome's Q3 Earnings Beat, Auvelity Drives ...
Axsome's Q3 Earnings Beat, Auvelity Drives Sales Growth, Stock Up
ZACKS· 2024-11-13 17:10
Axsome Therapeutics, Inc. (AXSM) incurred an adjusted loss of $1.34 per share in the third quarter of 2024, narrower than the Zacks Consensus Estimate of a loss of $1.38. The company had incurred a loss of $1.32 per share in the year-ago quarter.Axsome’s total revenues surged 81% year over year to $104.8 million in the third quarter, beating the Zacks Consensus Estimate of $99 million. The increase in revenues can be attributed to strong sales of Auvelity (AXS-05).Shares of Axsome were up 9.4% on Nov. 12 ow ...
Axsome Therapeutics(AXSM) - 2024 Q3 - Earnings Call Transcript
2024-11-12 19:02
Axsome Therapeutics, Inc. (NASDAQ:AXSM) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Darren Opland - Director, Corporate Communications Herriot Tabuteau - CEO Nick Pizzie - CFO Ari Maizel - EVP and Head, Commercial Mark Jacobson - Chief Operating Officer Conference Call Participants Jason Gerberry - Bank of America Leonid Timashev - RBC Capital Markets Charles Duncan - Cantor Fitzgerald Cerena Chen - Wells Fargo David Amsellem - Piper Sandler Marc Goodman - Leerink Part ...
Axsome Therapeutics(AXSM) - 2024 Q3 - Quarterly Report
2024-11-12 14:43
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number 001-37635 AXSOME THERAPEUTICS, INC. (Exact name of registrant as specified in its charter) Delaware 45- ...
Axsome Therapeutics (AXSM) Reports Q3 Loss, Tops Revenue Estimates
ZACKS· 2024-11-12 14:16
Axsome Therapeutics (AXSM) came out with a quarterly loss of $1.34 per share versus the Zacks Consensus Estimate of a loss of $1.38. This compares to loss of $1.32 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.90%. A quarter ago, it was expected that this biopharmaceutical company would post a loss of $1.30 per share when it actually produced a loss of $1.24, delivering a surprise of 4.62%.Over the last four quarters, the ...
Axsome Therapeutics(AXSM) - 2024 Q3 - Earnings Call Presentation
2024-11-12 13:08
axsome. 3Q 2024 Corporate Presentation 4 November 2024 C Axsome Therapeutics Forward Looking Statements & Safe Harbor certain matters discussed in this press release are "forward-looking statements". The Company may, in some cases, use terms such as "predicts," "believes," "potential," "co l"anticipates," "expects," "plans," "intends," "might," "will," "should" or other words that convey uncertainty of tuture events or outcomes to identify these forward-looki statements. In particular, the Company's stateme ...
Axsome Therapeutics(AXSM) - 2024 Q3 - Quarterly Results
2024-11-12 12:07
Exhibit 99.1 Axsome Therapeutics Reports Third Quarter 2024 Financial Results and Provides Business Update Total 3Q 2024 net product revenue of $104.8 million, representing 81% year-over-year growth Auvelity® 3Q 2024 net product sales of $80.4 million, representing 113% year-over-year growth Sunosi® 3Q 2024 net product revenue of $24.4 million representing 21% year-over-year growth Second expansion of Auvelity psychiatry sales force planned for 1Q 2025 NDA resubmission for AXS-07 for the treatment of migrai ...
Will These 5 Biotech Stocks Surpass Q3 Earnings Forecasts?
ZACKS· 2024-11-11 16:50
The third-quarter 2024 reporting cycle of the Medical sector is about to end as most firms have already reported their earnings results. The sector mainly comprises pharma/biotech and medical device companies. The earnings season for the drug and biotech sector kicked off around mid-October when bellwether Johnson & Johnson reported strong third-quarter results, beating estimates for earnings and sales. J&J consequently raised its total revenue expectation for the year while lowering its adjusted earnings e ...
3 Bargain Stocks to Buy in a Market That's Priced for Perfection
The Motley Fool· 2024-10-19 11:30
Yes, bargains can still be found in the stock market.How richly valued are stocks right now? Legendary investor Warren Buffett has built Berkshire Hathaway's cash stockpile up to roughly $277 billion. When Buffett is sitting on that much cash because he can't find appealing investments to buy, you know stocks are expensive. There are exceptions, though. In a market that's broadly speaking priced for perfection, three Motley Fool contributors have identified what they think are bargain stocks to buy: Axsome ...