Tuesday, Ascendis Pharma A/S (NASDAQ:ASND) reported second-quarter sales of $38.76 million (35.9 million euros), missing the consensus of $92.7 million, down from 47.4 million euros reported a year ago.
Results in the quarter were primarily impacted by a negative adjustment to prior periods' estimates and assumptions for sales deductions of 27.1 million euros, where 19.5 million euros and 7.6 million euros were attributable to the three months ended March 31, 2024, and periods before January 1, 2024, respectively.
Also Read: Ascendis’ Hypoparathyroidism Drug Scores FDA Approval As First and Only Treatment, Replacing Takeda’s Drug Discontinued Due To Supply Issues.
The company reported an EPS ...
