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Rhythm Pharmaceuticals Q2 2023 Earnings Report

Rhythm Pharmaceuticals logo
$54.54 -0.12 (-0.22%)
As of 01/17/2025 04:00 PM Eastern

Rhythm Pharmaceuticals EPS Results

Actual EPS
-$0.82
Consensus EPS
-$0.80
Beat/Miss
Missed by -$0.02
One Year Ago EPS
-$0.89

Rhythm Pharmaceuticals Revenue Results

Actual Revenue
$19.20 million
Expected Revenue
$15.03 million
Beat/Miss
Beat by +$4.17 million
YoY Revenue Growth
+111.00%

Rhythm Pharmaceuticals Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

Conference Call Resources

Rhythm Pharmaceuticals Earnings Headlines

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About Rhythm Pharmaceuticals

Rhythm Pharmaceuticals (NASDAQ:RYTM), a commercial-stage biopharmaceutical company, focuses on the rare neuroendocrine diseases. The company's lead product candidate is IMCIVREE (setmelanotide), a rare melanocortin-4 receptor for the treatment of pro-opiomelanocortin (POMC), proprotein convertase subtilisin/kexin type 1, leptin receptor (LEPR) deficiency obesity, and Bardet-Biedl and Alström syndrome. It is in Phase 3 clinical trials for treating POMC or LEPR heterozygous deficiency obesities, steroid receptor coactivator 1 deficiency obesity, SH2B1 deficiency obesity, MC4 receptor deficiency obesity, and other MC4R disorders. The company has licensing agreements with LG Chem, Ltd; Ipsen Pharma S.A.S; Camurus; RareStone Group Ltd.; and LG Chem, Ltd. The company was formerly known as Rhythm Metabolic, Inc. and changed its name to Rhythm Pharmaceuticals, Inc. in October 2015. Rhythm Pharmaceuticals, Inc. was founded in 2008 and is headquartered in Boston, Massachusetts.

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