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Park Hotels & Resorts Inc.

11.20

-0.1400-1.23%

Post-market: 11.14-0.0599-0.53%19:31 EDT

Volume:2.92M

Turnover:32.66M

Market Cap:2.24B

PE:18.38

High:11.30

Open:11.28

Low:11.07

Close:11.34

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Overview Company News Filings

Q4 2024 Park Hotels & Resorts Inc Earnings Call

Thomson Reuters StreetEvents

Park Hotels & Resorts Inc (PK) Q4 2024 Earnings Call Highlights: Strategic Divestments and ...

Aptose Announces Positive Clinical Safety Review Committee (CSRC) Approval to Dose Escalate in Phase 1/2 Tuscany Trial of Frontline Triple Drug Therapy with Tuspetinib Amid Complete Responses and Favorable Safety in First Cohort

Truist Financial Sticks to Its Buy Rating for Park Hotels & Resorts (PK)

Agios to Present at the TD Cowen 45th Annual Healthcare Conference on March 3, 2025

Compared to Estimates, Park Hotels & Resorts (PK) Q4 Earnings: A Look at Key Metrics

Park Hotels & Resorts (PK) Q4 FFO Miss Estimates

Park Hotels & Resorts Inc reports results for the quarter ended December 31 - Earnings Summary

Park Hotels & Resorts Q4 Adjusted FFO, Revenue Decline

MT Newswires Live

Park Hotels & Resorts: Q4 Earnings Snapshot

Associated Press Finance

Park Hotels & Resorts Inc: Outlook FY25 Adjusted Ffo per Share $1.90-$2.20

THOMSON REUTERS

Park Hotels & Resorts Q4 2024 AFFO $0.39, Sales $625.000M Beat $606.595M Estimate

BRIEF-Park Hotels & Resorts Q4 EPS USD 0.32 Vs. IBES Estimate USD 0.06

Park Hotels & Resorts Q4 Adjusted Revpar USD 179.02

THOMSON REUTERS

Park Hotels & Resorts Q4 Hotel Adj. Ebitda Margin 24.6%

THOMSON REUTERS

Park Hotels & Resorts Inc. Reports Fourth Quarter and Full-Year 2024 Results and Announces Transformative Renovation at the Royal Palm South Beach Miami

BioMarin Reports Fourth Quarter and Full Year 2024 Results; Sets Full Year 2025 Guidance

JPO Grants Acurx Pharmaceuticals Patent in Japan for DNA Polymerase IIIC Inhibitors

Stonegate Updates Coverage on Incannex Healthcare Inc. (IXHL) 2Q 2025

IIPR's Q4 Earnings Coming Up: Key Factors to Impact the Stock

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Thomas Baltimore; Chairman of the Board, President, Chief Executive Officer; Park Hotels & Resorts Inc. Sean Dell'Orto; Chief Financial Officer, Executive Vice President, Treasurer; Park Hotels & Resorts Inc. Floris van Dijkum; Analyst; Compass Point Research & Trading LLC. Greetings and welcome to the Park Hotels & Resorts fourth-quarter and full year 2024 earnings conference call.As a reminder, this conference is being recorded.It is now my pleasure to introduce Ian Weissman, Senior Vice President, Corporate Strategy. Please go ahead.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q4-2024-park-hotels-resorts-073402388.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PK","MAR"],"gpt_icon":0},{"id":"2513237271","title":"Park Hotels & Resorts Inc (PK) Q4 2024 Earnings Call Highlights: Strategic Divestments and ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2513237271","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2513237271?lang=en_us&edition=fundamental","pubTime":"2025-02-21 15:13","pubTimestamp":1740121991,"startTime":"0","endTime":"0","summary":"Q4 RevPAR: $179, a decline of 1.4%; excluding strike impact, increased 3.1% year over year.Q4 Hotel Adjusted EBITDA: $147 million; margin of 24.6% or 28.1% excluding strike impact.Full Year RevPAR: Up 2.9% versus 2024; adjusted for strike disruption, increased 4.2%.Full Year Hotel Adjusted EBITDA Margin: 27.5%, down 70 basis points; improved by 30 basis points excluding strike impact.Full Year Adjusted EBITDA: $652 million, inclusive of $32 million strike impact.2025 RevPAR Guidance: $187 to $192, growth of 0% to 3%.2025 Hotel Adjusted EBITDA Margin Guidance: 26.1% to 27.7%.2025 Adjusted EBITDA Guidance: $610 million to $670 million.2025 Adjusted FFO per Share Guidance: $1.90 to $2.20.2025 Expected EBITDA Displacement: $17 million due to Royal Palm renovation.2025 Expense Growth Guidance: 3% to 4% increase in comparable hotel operating expenses.GuruFocus has detected 6 Warning Signs with PK.Q: Can you discuss the disposition target of $300 million to $400 million and how you plan to de","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/park-hotels-resorts-inc-pk-071311548.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PK"],"gpt_icon":0},{"id":"2512414884","title":"Aptose Announces Positive Clinical Safety Review Committee (CSRC) Approval to Dose Escalate in Phase 1/2 Tuscany Trial of Frontline Triple Drug Therapy with Tuspetinib Amid Complete Responses and Favorable Safety in First Cohort","url":"https://stock-news.laohu8.com/highlight/detail?id=2512414884","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512414884?lang=en_us&edition=fundamental","pubTime":"2025-02-20 20:32","pubTimestamp":1740054720,"startTime":"0","endTime":"0","summary":"TUS+VEN+AZA triplet achieves complete responses  in difficult-to-treat TP53-mutated/CK AML and FLT3-wildtype AML patients, including a measurable residual disease  negative remission. Dosing of initial 40 mg cohort complete; no prolonged myelosuppression or dose-limiting toxicities. No dose reductions to the standard-of-care components of the regimen  in first cohort. CSRC endorses escalation to 80 mg dosing, enrollment is open. Tuspetinib based TUS+VEN+AZA triplet therapy is being advanced in the TUSCANY Phase 1/2 trial with the goal of creating an improved frontline therapy for newly diagnosed AML patients that is active across diverse AML populations, durable, and well tolerated. Earlier APTIVATE trials of TUS as a single agent and in combination as TUS+VEN demonstrated favorable safety and broad activity in diverse relapsed or refractory (R/R) AML populations that went beyond the more prognostically favorable NPM1 and IDH mutant subgroups. Responses to TUS were also observed in tho","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/aptose-announces-positive-clinical-safety-123200411.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4139","PK","BK4218","BK4181","APTO"],"gpt_icon":0},{"id":"2512970449","title":"Truist Financial Sticks to Its Buy Rating for Park Hotels & Resorts (PK)","url":"https://stock-news.laohu8.com/highlight/detail?id=2512970449","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512970449?lang=en_us&edition=fundamental","pubTime":"2025-02-20 20:18","pubTimestamp":1740053923,"startTime":"0","endTime":"0","summary":"In a report released today, Patrick Scholes from Truist Financial maintained a Buy rating on Park Hotels & Resorts (PK – Research Report). The comp...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/truist-financial-sticks-to-its-buy-rating-for-park-hotels-resorts-pk?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/truist-financial-sticks-to-its-buy-rating-for-park-hotels-resorts-pk?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PK"],"gpt_icon":0},{"id":"2512446285","title":"Agios to Present at the TD Cowen 45th Annual Healthcare Conference  on March 3, 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2512446285","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512446285?lang=en_us&edition=fundamental","pubTime":"2025-02-20 20:00","pubTimestamp":1740052800,"startTime":"0","endTime":"0","summary":"CAMBRIDGE, Mass., Feb.  20, 2025  (GLOBE NEWSWIRE) -- Agios Pharmaceuticals, Inc. (Nasdaq: AGIO), a leader in cellular metabolism and PK activation pioneering therapies for rare diseases, today announ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/02/20/3029468/31990/en/Agios-to-Present-at-the-TD-Cowen-45th-Annual-Healthcare-Conference-on-March-3-2025.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4207","BK4127","TD","PK","COWN","BK4566","HCSG","BK4137","BK4181","BK4218","BK4585"],"gpt_icon":0},{"id":"2512517457","title":"Compared to Estimates, Park Hotels & Resorts (PK) Q4 Earnings: A Look at Key Metrics","url":"https://stock-news.laohu8.com/highlight/detail?id=2512517457","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512517457?lang=en_us&edition=fundamental","pubTime":"2025-02-20 07:00","pubTimestamp":1740006008,"startTime":"0","endTime":"0","summary":"Park Hotels & Resorts  reported $625 million in revenue for the quarter ended December 2024, representing a year-over-year decline of 4.9%. EPS of $0.39 for the same period compares to $0.88 a year ago.The reported revenue represents a surprise of +3.66% over the Zacks Consensus Estimate of $602.92 million. With the consensus EPS estimate being $0.40, the EPS surprise was -2.50%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Revenues- Rooms: $376 million compared to the $361.10 million average estimate based on six analysts. The reported number represents a change ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/compared-estimates-park-hotels-resorts-230008600.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PK"],"gpt_icon":0},{"id":"2512459941","title":"Park Hotels & Resorts (PK) Q4 FFO Miss Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2512459941","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512459941?lang=en_us&edition=fundamental","pubTime":"2025-02-20 06:30","pubTimestamp":1740004207,"startTime":"0","endTime":"0","summary":"Park Hotels & Resorts  came out with quarterly funds from operations  of $0.39 per share, missing the Zacks Consensus Estimate of $0.40 per share. This compares to FFO of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -2.50%. A quarter ago, it was expected that this company would post FFO of $0.49 per share when it actually produced FFO of $0.49, delivering no surprise.Park Hotels & Resorts , which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $625 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.66%. This compares to year-ago revenues of $657 million. The company has topped consensus revenue estimates two times over the last four quarters.Park Hotels & Resorts shares have lost about 6.5% since the beginning of the year versus the S&P 500's gain of 4.2%.While Park Hotels & Resorts has underperformed the market so far this year, t","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/park-hotels-resorts-pk-q4-223007646.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4218","INN","PK","BK4181"],"gpt_icon":0},{"id":"2512305504","title":"Park Hotels & Resorts Inc reports results for the quarter ended December 31 - Earnings Summary","url":"https://stock-news.laohu8.com/highlight/detail?id=2512305504","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512305504?lang=en_us&edition=fundamental","pubTime":"2025-02-20 06:01","pubTimestamp":1740002484,"startTime":"0","endTime":"0","summary":"Park Hotels & Resorts Inc reports results for the quarter ended December 31 - Earnings SummaryPark Hotels & Resorts Inc PK.N reported quarterly adjusted earnings of 32 cents per share for the quarter ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250219:nL5N3PA1E2:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PK"],"gpt_icon":0},{"id":"2512374104","title":"Park Hotels & Resorts Q4 Adjusted FFO, Revenue Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2512374104","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512374104?lang=en_us&edition=fundamental","pubTime":"2025-02-20 05:48","pubTimestamp":1740001729,"startTime":"0","endTime":"0","summary":"Park Hotels & Resorts  reported Q4 adjusted diluted fund from operations Wednesday of $0.39 per share, down from $0.52 a year earlier.Analysts polled by FactSet expected $0.40.Revenue for the quarter ended Dec. 31 was $625 million, down from $657 million a year earlier.Analysts surveyed by FactSet expected $606.5 million.The company said it expects full-year 2025 adjusted diluted FFO of $1.90 to $2.20 per share.Analysts polled by FactSet expect $2.16.Park Hotels & Resorts declared quarterly cash dividend at $0.25, payable April 15 to holders of record March 31.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["PK"],"gpt_icon":0},{"id":"2512437518","title":"Park Hotels & Resorts: Q4 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2512437518","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512437518?lang=en_us&edition=fundamental","pubTime":"2025-02-20 05:37","pubTimestamp":1740001036,"startTime":"0","endTime":"0","summary":"TYSONS, Va.  — TYSONS, Va.  — Park Hotels & Resorts Inc.  on Wednesday reported a key measure of profitability in its fourth quarter. The results missed Wall Street expectations.The real estate investment trust, based in Tysons, Virginia, said it had funds from operations of $80 million, or 39 cents per share, in the period.The average estimate of eight analysts surveyed by Zacks Investment Research was for funds from operations of 40 cents per share.Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.The company said it had net income of $66 million, or 32 cents per share.Park Hotels & Resorts, based in Tysons, Virginia, posted revenue of $625 million in the period, exceeding Street forecasts. Seven analysts surveyed by Zacks expected $602.9 million.For the year, the company reported funds from operations of $430 million. Revenue was reported as $2.6 billion.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/park-hotels-resorts-q4-earnings-213716887.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PK"],"gpt_icon":0},{"id":"2512434780","title":"Park Hotels & Resorts Inc: Outlook  FY25 Adjusted Ffo per Share $1.90-$2.20","url":"https://stock-news.laohu8.com/highlight/detail?id=2512434780","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512434780?lang=en_us&edition=fundamental","pubTime":"2025-02-20 05:17","pubTimestamp":1739999860,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250219:nFWN3PA0ZM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["PK","BK4218","BK4181"],"gpt_icon":0},{"id":"2512342044","title":"Park Hotels & Resorts Q4 2024 AFFO $0.39, Sales $625.000M Beat $606.595M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2512342044","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512342044?lang=en_us&edition=fundamental","pubTime":"2025-02-20 05:16","pubTimestamp":1739999813,"startTime":"0","endTime":"0","summary":"Park Hotels & Resorts Q4 2024 AFFO $0.39, Sales $625.000M Beat $606.595M Estimate","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/02/43830460/park-hotels-resorts-q4-2024-affo-0-39-sales-625-000m-beat-606-595m-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Park Hotels & Resorts Q4 2024 AFFO $0.39, Sales $625.000M Beat $606.595M Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PK"],"gpt_icon":0},{"id":"2512229434","title":"BRIEF-Park Hotels & Resorts Q4 EPS USD 0.32 Vs. IBES Estimate USD 0.06","url":"https://stock-news.laohu8.com/highlight/detail?id=2512229434","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512229434?lang=en_us&edition=fundamental","pubTime":"2025-02-20 05:15","pubTimestamp":1739999746,"startTime":"0","endTime":"0","summary":"BRIEF-Park Hotels & Resorts Q4 EPS USD 0.32 Vs. IBES Estimate USD 0.06\n\n\nFeb 19 (Reuters) - Park Hotels & Resorts Q4 adjusted revpar USD 179.02.\n\nQ4 adjusted FFO per share USD 0.39\nQ4 adjusted EBITDA USD 147 million vs. IBES estimate USD 135.1 million\nQ4 hotel adj. 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Baltimore, Jr., Chairman and Chief Executive Officer, stated, \"I am extremely pleased with our fourth quarter and full-year performance, which exceeded expectations despite the impact of renovations and strike activity in the second half of the year. When adjusting for the impact of strike activity, fourth quarter Comparable RevPAR would have increased more than 3%, while full-year Comparable RevPAR would have grown by a sector-leading 4.2%. Exceptional performance at our Bonnet Creek and Key West hotels drove our 2024 results, underscoring the success of our transformative renovations at these properties. Looking ahead, we anticipate continued strength ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/park-hotels-resorts-inc-reports-211500469.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4585","BK4218","BK4181","LU0345780521.USD","PK","RGLD","BK4017","BK4588","LU0345780281.USD"],"gpt_icon":0},{"id":"2512829432","title":"BioMarin Reports Fourth Quarter and Full Year 2024 Results; Sets Full Year 2025 Guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2512829432","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512829432?lang=en_us&edition=fundamental","pubTime":"2025-02-20 05:05","pubTimestamp":1739999100,"startTime":"0","endTime":"0","summary":"Strong Execution and Operational Transformation in 2024 Delivered Record Full Year Results and Provides Momentum for Double-Digit Revenue and Profitability Growth in 2025. 4Q 2024 Total Revenues of $747 million ; FY 2024 Total Revenues of $2.85 billion . Conference Call and Webcast Scheduled Today at 4:30 p.m. ET. SAN RAFAEL, Calif., Feb. 19, 2025 /PRNewswire/ -- BioMarin Pharmaceutical Inc.  today announced financial results for the fourth quarter and full year ended December31, 2024.GAAP Net Income increased by $105 million to $125 million in the fourth quarter of 2024 compared to the same period in 2023. The increase was primarily due to higher gross profit driven by the factors noted above and reduced research and development (R&D) sp","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/biomarin-reports-fourth-quarter-full-210500837.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/biomarin-reports-fourth-quarter-full-210500837.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BMRN","BK4159","IE00B7SZLL34.SGD","BK4218","CNP","BK4585","IE00BD4GTT62.SGD","IE00B19Z3581.USD","BK4139","LU2380233275.USD","IE00BD4GTW91.USD","BK4181","CAGR","BK4566","BK4588","PK","IE00B19Z3B42.SGD","BK4208","IE0002270589.USD","IE00BD4GTV84.USD"],"gpt_icon":0},{"id":"2512104227","title":"JPO Grants Acurx Pharmaceuticals Patent in Japan for DNA Polymerase IIIC Inhibitors","url":"https://stock-news.laohu8.com/highlight/detail?id=2512104227","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2512104227?lang=en_us&edition=fundamental","pubTime":"2025-02-19 21:00","pubTimestamp":1739970000,"startTime":"0","endTime":"0","summary":"STATEN ISLAND, N.Y., Feb. 19, 2025 /PRNewswire/ -- Acurx Pharmaceuticals, Inc.  , a late-stage biopharmaceutical company developing a new class of small molecule antibiotics for difficult-to-treat bacterial infections, today announced that a new patent has been granted by the Japanese Patent Office  in January 2025. This patent relates to DNA Polymerase IIIC Inhibitors, including compositions-of-matter, surface coatings and pharmaceutical compositions for use in methods of treatingGram-positive bacterial infection. This is the latest in the series of granted patents and pending patent applications that Acrux has filed to protect its proprietary technologies in the field of antimicrobials.To date, Acurx has obtained three U.S. patents, one Israeli patent and now one Japanese patent, in each case, which cover the ACX-375C program, relating to DNA Polymerase IIIC Inhibitors, with other country-level filings in process.The primary efficacy analysis will be performed using a Modified Intent","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/jpo-grants-acurx-pharmaceuticals-patent-130000150.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/jpo-grants-acurx-pharmaceuticals-patent-130000150.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4218","BK4181","MAA","BK4215","BK4539","BK4563","BK4585","BK4139","ACXP","IDSA","ECC","DNA","PK","BK4109","BK4194","BK4135","BK4588","GAIN","VRE"],"gpt_icon":0},{"id":"2512860116","title":"Stonegate Updates Coverage on Incannex Healthcare Inc. 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The net loss for the quarter was $5.9M, compared to $5.2M in the same period of the previous year.To view the full announcement, including downloadable images, bios, and more, click here.Incannex secured a strategic financing agreement with Arena Investors, which includes a $50M ELOC with Arena Business Solutions.IHL-42X had positive top-line results from a pharmacokinetics and safety study. 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