Esperion Therapeutics, Inc. Reports Net Loss of $49.9 Million in Q2 2023
The pharmaceutical company reveals revenue of $25.8 million for the second quarter of 2023
By USInMinutes
Published - Aug 01, 2023, 03:00 PM ET
Last Updated - Aug 01, 2023, 03:00 PM EDT
Esperion Therapeutics, Inc.(ESPR), a leading pharmaceutical company specializing in cardiovascular diseases, recently disclosed its condensed financial statements for the quarter ended June 30, 2023. The company reported both its net loss and revenue figures, shedding light on its financial performance during the period.
Net Income/Loss
Esperion Therapeutics reported a net loss of $49.9 million for the second quarter of 2023. This loss came as a result of several factors, including increased operating expenses and interest expense. The company has been actively investing in research and development for new cardiovascular treatments and expanding its product portfolio, contributing to the higher expenses.