Brief: Amarin Reports Fourth Quarter And Full Year 2022 Financial Results And Provides Business Update

Amarin

01/03/2023 13:28

March 1 (Reuters) - Amarin Corporation Plc  AMRN.O :
    * AMARIN REPORTS FOURTH QUARTER AND FULL YEAR 2022 FINANCIAL
RESULTS AND PROVIDES BUSINESS UPDATE
    * PREVIOUSLY ANNOUNCED COST SAVINGS PROGRAM ON-TRACK TO
EXCEED
$100 MILLION TARGET
    * TOTAL NET REVENUE FOR THREE MONTHS ENDED DECEMBER 31, 2022
WAS
$90.2 MILLION, A DECREASE OF 38%
    * EXPECTS OPERATING EXPENSES IN RANGE OF $290 TO $305
MILLION FOR
2023
    * AMARIN CORP- REITERATES THAT CURRENT CASH,
INVESTMENTS,OTHER
ASSETS ARE ADEQUATE TO SUPPORT CONTINUED OPERATIONS, INCLUDING
EUROPEAN LAUNCH ACTIVITIES
    * QTRLY EARNINGS PER SHARE $0.00
    * Q4 EARNINGS PER SHARE VIEW $-0.00, REVENUE VIEW $87.3
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX5MT64N 
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