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Insmed Q3 2023 Earnings Report

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$81.06 -2.55 (-3.05%)
As of 02/21/2025 04:00 PM Eastern

Insmed EPS Results

Actual EPS
-$1.10
Consensus EPS
-$1.06
Beat/Miss
Missed by -$0.04
One Year Ago EPS
N/A

Insmed Revenue Results

Actual Revenue
$79.07 million
Expected Revenue
$78.86 million
Beat/Miss
Beat by +$210.00 thousand
YoY Revenue Growth
N/A

Insmed Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Conference Call Audio

Insmed Earnings Headlines

Insmed price target lowered to $96 from $97 at Stifel
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Insmed price target raised to $108 from $105 at Truist
Insmed (NASDAQ:INSM) Shares Gap Down Following Weak Earnings
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About Insmed

Insmed (NASDAQ:INSM) is a global biopharmaceutical company on a mission to transform the lives of patients with serious and rare diseases. Insmed's first commercial product is ARIKAYCE® (amikacin liposome inhalation suspension), which is approved in the United States for the treatment of Mycobacterium avium complex (MAC) lung disease as part of a combination antibacterial drug regimen for adult patients with limited or no alternative treatment options. MAC lung disease is a rare and often chronic infection that can cause irreversible lung damage and can be fatal. Insmed's earlier-stage clinical pipeline includes INS1007, a novel oral reversible inhibitor of dipeptidyl peptidase 1 with therapeutic potential in non-cystic fibrosis bronchiectasis and other inflammatory diseases, and INS1009, an inhaled formulation of a treprostinil prodrug that may offer a differentiated product profile for rare pulmonary disorders, including pulmonary arterial hypertension.

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