CHICAGO (AP) — CHICAGO (AP) — Xeris Biopharma Holdings, Inc. (XERS) on Monday reported fourth-quarter earnings of $11.1 million.
On a per-share basis, the Chicago-based company said it had net income of 6 cents.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.
The company posted revenue of $85.8 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $81.4 million.
For the year, the company reported profit of $554,000. Revenue was reported as $291.8 million.
Xeris Biopharma expects full-year revenue in the range of $375 million to $390 million.
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