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Aurinia: Q4 Earnings Snapshot

By The Associated Press

EDMONTON, Alberta (AP) — EDMONTON, Alberta (AP) — Aurinia Pharmaceuticals Inc. (AUPH) on Thursday reported fourth-quarter earnings of $210.8 million.

On a per-share basis, the Edmonton, Alberta-based company said it had net income of $1.53. Earnings, adjusted for pretax gains, were 26 cents per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The biotechnology company posted revenue of $77.1 million in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $74.4 million.

For the year, the company reported profit of $287.2 million, or $2.07 per share. Revenue was reported as $283.1 million.

Aurinia expects full-year revenue in the range of $315 million to $325 million.

Aurinia shares have fallen 9.5% since the beginning of the year. The stock has increased 80% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUPH at https://www.zacks.com/ap/AUPH

White House renews its attempt to remove Fed Governor Lisa Cook

By CNN
Washington (CNN) — The White House is renewing its effort to remove Lisa Cook from the Federal Reserve’s Board of Governors, according to a letter addressed to her attorney obtained by CNN.The letter, dated August 5, said there is “sufficient reason to believe that you have made false statements on one or more mortgage agreements,” and asked her to submit a written response to the allegations within 21 days. The Trump administration first raised the accusations last year, which prompted a Justice Department investigation. Cook has not been charged with a crime and has denied any wrongdoing.ABC News was the first to report on the letter.The Supreme Court in June ruled that Cook wasn’t given the opportunity to address the administration’s accusations of mortgage fraud when President Donald Trump announced her firing last year. However, the ruling was narrow in scope as it did not determine there was enough cause to remove Cook based on the fraud allegations.“These allegations are as baseless now as they were a year ago when President Trump tried to remove Governor Cook and interfere with the independence of the Federal Reserve,” Cook’s attorneys, Abbe Lowell and Norm Eisen, said in a statement. “No matter what President Trump tries to do next, this much is clear under the facts and Supreme Court precedent — there is no valid cause for removing Governor Cook.”“As we did before, we will challenge this latest pretext and preserve her position and the historic role of the Fed,” they wrote.CNN has reached out to the Fed for comment.This is a developing story and will be updated.The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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