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Sarepta Therapeutics Stock Sinks On Gloomy Forecast, Analysts Expect Demand To Pick Up
SRPTSarepta Therapeutics(SRPT) Benzinga·2025-05-07 17:07

Sarepta Therapeutics Inc. SRPT reported on Tuesday that the first-quarter 2025 loss of 3.42persharewasmissingtheanalystconsensusestimateof lossesof95cents.Quarterlyrevenuecameinat3.42 per share was missing the analyst consensus estimate of losses of 95 cents.Quarterly revenue came in at 744.86 million, beating the consensus estimate of 683.36million.AccordingtoSareptaCEODougIngram,thecompanyalsofacedheadwindsinthequarter.Whilewearetakingavarietyofactionstoaddressandresolvethesechallenges,wehaveadjustedourguidancefor2025to683.36 million.According to Sarepta CEO Doug Ingram, the company also faced headwinds in the quarter. “While we are taking a variety of actions to address and resolve these challenges, we have adjusted our guidance for 2025 to 2.3 billion to $2.6 billion,” Ingra ...