Skip to main content

Aurinia: Q4 Earnings Snapshot

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.

_____

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

One Tech Tip: What to know about flying with lithium ion portable battery chargers

Jetting off soon for summer travels? If you're planning on bringing an extra battery charger for your phone or other devices, be aware of the latest rules when taking one on a flight. Rechargeable lithium-ion portable battery chargers, also known as power banks, come in protective enclosures of various shapes and sizes. They're a handy and popular way for getting more juice when you're on the move. But after a spate of smoke or fire incidents, U.S. and international aviation authorities have issued new guidelines and airlines have tightened up rules for passengers. Here's a guide on flying with power banks.
Read Next Story