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Avadel Pharmaceuticals PLC (AVDL.OQ)

AVDL.OQ on NASDAQ Stock Exchange Global Market

4.38USD
21 Sep 2018
Change (% chg)

$-0.12 (-2.67%)
Prev Close
$4.50
Open
$4.46
Day's High
$4.49
Day's Low
$4.35
Volume
57,935
Avg. Vol
66,204
52-wk High
$11.91
52-wk Low
$4.18

Latest Key Developments (Source: Significant Developments)

Avadel Pharmaceuticals Reports Q4 Adjusted Loss Per Share $0.28
Thursday, 8 Mar 2018 07:30am EST 

March 8 (Reuters) - Avadel Pharmaceuticals Plc ::AVADEL PHARMACEUTICALS REPORTS FOURTH QUARTER AND FULL YEAR 2017 RESULTS.Q4 ADJUSTED LOSS PER SHARE $0.28.Q4 GAAP LOSS PER SHARE $0.24.Q4 REVENUE $34.2 MILLION VERSUS $43.1 MILLION.SEES FY 2018 REVENUE $105 MILLION TO $125 MILLION.Q4 EARNINGS PER SHARE VIEW $-0.31, REVENUE VIEW $34.1 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Avadel Pharmaceuticals Announces Proposed Exchangeable Senior Notes Offering
Tuesday, 13 Feb 2018 04:28pm EST 

Feb 13 (Reuters) - Avadel Pharmaceuticals Plc ::AVADEL PHARMACEUTICALS ANNOUNCES PROPOSED EXCHANGEABLE SENIOR NOTES OFFERING.AVADEL PHARMACEUTICALS PLC - UNIT INTENDS TO OFFER $125 MILLION PRINCIPAL AMOUNT OF EXCHANGEABLE SENIOR NOTES DUE 2023 IN A PRIVATE OFFERING​.  Full Article

Avadel Pharma Receives Orphan Drug Designation From FDA For FT 218
Wednesday, 10 Jan 2018 07:30am EST 

Jan 10 (Reuters) - Avadel Pharmaceuticals Plc ::AVADEL PHARMACEUTICALS RECEIVES ORPHAN DRUG DESIGNATION FROM FDA FOR FT 218 FOR THE TREATMENT OF NARCOLEPSY.  Full Article

Avadel Pharmaceuticals Issues 2018 Corporate Outlook
Friday, 29 Dec 2017 07:30am EST 

Dec 29 (Reuters) - Avadel Pharmaceuticals Plc ::AVADEL PHARMACEUTICALS ISSUES 2018 CORPORATE OUTLOOK.REAFFIRMS FY 2017 ADJUSTED EARNINGS PER SHARE VIEW $0.25 TO $0.35.SEES FY 2018 REVENUE $110 MILLION TO $130 MILLION.SEES FY 2017 REVENUE $165 MILLION TO $175 MILLION.- ‍NDA FILING FOR FT218 EXPECTED BY YEAR-END 2018​.- COMMERCIAL LAUNCH FOR NOCTIVA ON TARGET FOR Q2 2018.FY2017 EARNINGS PER SHARE VIEW $1.48, REVENUE VIEW $171.8 MILLION -- THOMSON REUTERS I/B/E/S.AVADEL PHARMACEUTICALS- AV001 IS EXPECTED TO COMPETE IN AN ESTIMATED MARKET SIZE OF ABOUT $30 - $40 MILLION PER YEAR ONCE LAUNCHED IN 2019.- EXPECTS NEGATIVE CASH FLOW IN 2018.- ‍ASSESSING TAX CUTS AND JOBS ACT OF 2017 AND, ACCORDINGLY, IS UNABLE TO PROVIDE 2018 ADJUSTED DILUTED EPS GUIDANCE​.AVADEL PHARMACEUTICALS - ESTIMATES THAT PEAK REVENUES FOR NOCTIVA COULD BE AS HIGH AS $750 MILLION OR MORE PER YEAR.  Full Article

Avadel Pharmaceuticals Plc says Avadel licensee and Serenity amended exclusivity agreement on Sept 1
Tuesday, 5 Sep 2017 05:45pm EDT 

Sept 5 (Reuters) - Avadel Pharmaceuticals Plc :Avadel Pharmaceuticals Plc says on September 1, 2017, Avadel licensee and Serenity amended exclusivity agreement.Avadel Pharma-under amendment $5 million deposited into escrow by Avadel licensee will continue to be held & will deposit additional $47 million - SEC filing.  Full Article

Avadel Pharmaceuticals Plc ‍enters into a license agreement with Serenity Pharmaceuticals Llc​
Tuesday, 5 Sep 2017 04:05pm EDT 

Sept 5 (Reuters) - Avadel Pharmaceuticals Plc :Avadel Pharmaceuticals Plc - ‍entered into a license agreement with Serenity Pharmaceuticals Llc​.Avadel Pharmaceuticals Plc - ‍deal includes $50 million upfront payment; funded by cash on hand​.Avadel - ‍terms of agreement also include $20 million due at earlier of full scale commercial launch or June 30, 2018, performance-based milestones​.  Full Article

Avadel Pharmac enters into negotiations with Serenity Pharma for Noctiva
Thursday, 17 Aug 2017 04:05pm EDT 

Aug 17 (Reuters) - Avadel Pharmaceuticals Plc :Avadel Pharmaceuticals enters into exclusive negotiations with Serenity Pharmaceuticals for Noctiva™.Avadel Pharmaceuticals Plc - ‍entered into an agreement for right to exclusively negotiate with Serenity Pharmaceuticals, Llc.Avadel Pharmaceuticals Plc - ‍agreement with serenity for sole rights to commercialize and further develop Noctiva in united states and canada​.Avadel Pharmaceuticals Plc - ‍exclusive negotiation period is expected to close on or before September 7, 2017​.Avadel Pharmaceuticals Plc - ‍if Avadel terminates negotiations without cause, Avadel must pay $10 million to Serenity​.Avadel Pharmaceuticals Plc - ‍if serenity terminates negotiations without cause, Serenity must pay $10 million to Avadel​.  Full Article

Avadel Pharmaceuticals reports Q2 GAAP earnings per share $0.68
Tuesday, 8 Aug 2017 07:30am EDT 

Aug 8 (Reuters) - Avadel Pharmaceuticals PLC :Avadel Pharmaceuticals reports second quarter 2017 results.Q2 adjusted earnings per share $0.19.Q2 GAAP earnings per share $0.68.Q2 revenue $46.3 million versus I/B/E/S view $45.2 million.Q2 earnings per share view $0.04 -- Thomson Reuters I/B/E/S.Sees FY 2017 revenue $165 million to $175 million.Avadel Pharmaceuticals PLC says FY diluted adjusted EPS is unchanged from previous guidance of $0.30 to $0.45..  Full Article

Avadel Pharmaceuticals Q1 GAAP earnings per share $0.59
Tuesday, 9 May 2017 07:30am EDT 

May 9 (Reuters) - Avadel Pharmaceuticals Plc : :Avadel Pharmaceuticals reports first quarter 2017 results.Q1 adjusted earnings per share $0.26.Q1 GAAP earnings per share $0.59.Q1 revenue $52.5 million versus I/B/E/S view $46.1 million.Raises FY 2017 adjusted earnings per share view to $0.30 to $0.45.Sees FY 2017 revenue $170 million to $185 million.Q1 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $0.03, revenue view $175.2 million -- Thomson Reuters I/B/E/S.Avadel Pharmaceuticals - included in GAAP net income in q1 2017 are $2.7 million in restructuring costs related to reduction of co's workforce in France.  Full Article

Avadel Pharmaceuticals says plans to reduce headcount in France by About 50 people
Thursday, 30 Mar 2017 04:03pm EDT 

Avadel Pharmaceuticals Plc : Avadel Pharmaceuticals announces planned reduction of french workforce . Avadel Pharmaceuticals Plc - announced a plan to reduce its headcount in France by approximately 50 peopl . Avadel Pharmaceuticals Plc - anticipates annual costs savings of about $3.5 to $4.0 million . Avadel Pharmaceuticals Plc - action does not affect allocation of resources to its rest-on Phase III clinical trial or any other important pipeline initiatives . Avadel Pharmaceuticals Plc - expects reduction to be substantially completed by end of July 2017 .Avadel Pharmaceuticals Plc- expects to incur related employee severance, benefits and other costs of approximately $2.5 to $4.0 million.  Full Article