Liquidia Technologies is trading 10.35% down now at $78.94 after second-quarter adjusted EPS of $0.74 missed the $0.76 consensus.
- Revenue reached $171.68 million, slightly exceeding expectations.
- YUTREPIA sales reached $170.4 million, up 31% sequentially; higher investment in the L606 program and YUTREPIA research weighed on earnings.
- Management reaffirmed its $1 billion 2027 revenue target.