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Avadel Pharmaceuticals Misses Earnings Estimates But Posts 150% Sales Increase From Narcolepsy Drug LUMRYZ
Thursday, January 9, 2025 - 3:30am | 645Avadel Pharmaceuticals (NASDAQ:AVDL) slipped by 25.63% in after-hours on Wednesday after it missed the fourth quarter sales estimate by 5.12%. Still, the sales of its narcolepsy drug, LUMRYZ rose by 150% on an annual basis. What Happened: The preliminary earnings results for the fourth quarter...