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Sep 30, 2020

Amicus Therapeutics Q3 2020 Earnings Report

Announced third quarter 2020 financial results and corporate updates.

Key Takeaways

Amicus Therapeutics announced financial results for the third quarter ended September 30, 2020. Galafold 3Q20 Revenue was $67.4 Million and the Company is on-track to achieve Revenue Guidance of $250M-$260M.

Galafold 3Q20 Revenue of $67.4 Million.

On-Track to Achieve Revenue Guidance of $250M-$260M

AT-GAA Phase 3 PROPEL Study Readout in 1Q21 and Rolling BLA Submission to Begin in 4Q20

Positive CLN6 Batten Disease Gene Therapy Data Presented in October

Total Revenue
$67.4M
Previous year: $48.8M
+38.3%
EPS
-$0.22
Previous year: -$0.24
-8.3%
Gross Profit
$59M
Cash and Equivalents
$211M
Free Cash Flow
-$42.3M
Total Assets
$901M

Amicus Therapeutics

Amicus Therapeutics

Amicus Therapeutics Revenue by Segment

Forward Guidance

The Company also summarized recent program updates and reiterated its full-year 2020 guidance.