Mpox Vaccine Player Emergent BioSolutions Stock Jumps On Upbeat Annual Forecast, Expects Smaller Losses In 2024

On Thursday, Emergent BioSolutions Inc. EBS stock is trading higher on mixed third-quarter earnings and a new mpox trial in Africa.The company reported third-quarter sales of $293.8 million, up 9% year over year, with the management guidance of$ 265 million– $315 million, and missing the consensus of$ 297.5 million.The company reported an adjusted EPS of $1.37, a turnaround from a loss of$ 1.09 a year ago, beating the consensus of $0.14.Revenues from Narcan (naloxone HCl) Nasal Spray decreased 33% to$ 95.3 m ...