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Innoviva GAAP EPS of $0.05, revenue of $108.22M

Jul. 27, 2022 5:36 PM ETInnoviva, Inc. (INVA) StockBy: Gaurav Batavia, SA News Editor
  • Innoviva press release (NASDAQ:INVA): Q2 GAAP EPS of $0.05.
  • Revenue of $108.22M (+7.4% Y/Y).
  • Royalties increased by 7% to $111.7 million in the second quarter of 2022, compared to the same quarter in 2021
  • Entered into definitive merger agreement to acquire all outstanding shares of La Jolla Pharmaceutical Company for $6.23 per share in cash at an implied enterprise value of $149 million in July 2022

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