STOUGHTON, Mass. (AP) — STOUGHTON, Mass. (AP) — Collegium Pharmaceutical Inc. (COLL) on Thursday reported fourth-quarter net income of $17 million.
On a per-share basis, the Stoughton, Massachusetts-based company said it had profit of 46 cents. Earnings, adjusted for one-time gains and costs, were $2.04 per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.19 per share.
The specialty pharmaceutical company posted revenue of $205.4 million in the period.
For the year, the company reported profit of $62.9 million, or $1.73 per share. Revenue was reported as $780.6 million.
Collegium Pharmaceutical expects full-year revenue in the range of $805 million to $825 million.
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