Amarin's (AMRN) Q1 Earnings and Revenues Surpass Estimates

Amarin Corporation Plc (AMRN) reported first-quarter 2024 adjusted loss of 2 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 5 cents per share. The company had recorded an adjusted loss of 4 cents in the year-ago quarter.Total revenues were $56.5 million, which beat the Zacks Consensus Estimate of$51.0 million. However, revenues declined 34% from the year-ago quarter’s levels, owing to lower product revenues.Despite the better-than-expected results, shares of Amarin were ...