Investing.com - Biomarin Pharma (NASDAQ:BMRN) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Biomarin Pharma announced earnings per share of $-0.32 on revenue of $449.81M. Analysts polled by Investing.com anticipated EPS of $-0.36 on revenue of $442.09M.
Biomarin Pharma shares are up 2% from the beginning of the year, still down 12.40% from its 52 week high of $94.20 set on February 10. They are outperforming the Nasdaq 100 which is down 17.22% from the start of the year.
Biomarin Pharma follows other major Healthcare sector earnings this month
Biomarin Pharma's report follows an earnings beat by J&J on January 25, who reported EPS of $2.13 on revenue of $24.8B, compared to forecasts EPS of $2.12 on revenue of $25.28B.
Roche Holding ADR had matched expectations on February 3 with fourth quarter EPS of $1.29 on revenue of $17.54B, compared to forecast for EPS of $1.29 on revenue of $17.1B.
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