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		<title>Cubist (NASDAQ:CBST) had a Great Third Quarter and Look Well-balanced for its Fourth</title>
		<link>http://stocks.org/company/cubist-nasdaqcbst-had-a-great-third-quarter-and-look-well-balanced-for-its-fourth/26943/</link>
		<comments>http://stocks.org/company/cubist-nasdaqcbst-had-a-great-third-quarter-and-look-well-balanced-for-its-fourth/26943/#comments</comments>
		<pubDate>Thu, 23 Oct 2014 12:39:22 +0000</pubDate>
		<dc:creator><![CDATA[David Scouts]]></dc:creator>
				<category><![CDATA[Company]]></category>
		<category><![CDATA[CBST]]></category>
		<category><![CDATA[cubist Inc]]></category>

		<guid isPermaLink="false">http://stocks.org/?p=6943</guid>
		<description><![CDATA[Cubist (NASDAQ:CBST) third quarter results turned out to be quite impressive. The main reason was growth in consumer demand and higher volume of hospital patients, which caused an increase in the company&#8217;s product line-up. Cubist (NASDAQ:CBST) Recorded sales of $309.2 million on a year-over-year basis, which is an improvement by 16%. Sales estimates by analysts<div class="read-more"><a href="http://stocks.org/company/cubist-nasdaqcbst-had-a-great-third-quarter-and-look-well-balanced-for-its-fourth/26943/" title="Read More">Read More</a></div><hr style="border-top:black solid 1px" /><a href="http://stocks.org/company/cubist-nasdaqcbst-had-a-great-third-quarter-and-look-well-balanced-for-its-fourth/26943/">Cubist (NASDAQ:CBST) had a Great Third Quarter and Look Well-balanced for its Fourth</a> was first posted on October 23, 2014 at 8:39 am.<br />©2014 "<a href="http://stocks.org">Stocks.org</a>". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at hso@stocks.org<br />]]></description>
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<p>Cubist (NASDAQ:CBST) third quarter results turned out to be quite impressive. The main reason was growth in consumer demand and higher volume of hospital patients, which caused an increase in the company&#8217;s product line-up.</p>
<p>Cubist (NASDAQ:CBST) Recorded sales of $309.2 million on a year-over-year basis, which is an improvement by 16%. Sales estimates by analysts were $306.8 million. As a result of this increase company’s non-GAAP Earnings per Share for its third quarter went up to $0.58 as compared to $0.41 last year. EPS predicted by analysts was $0.40.</p>
<p>International sales for Cubist (NASDAQ:CBST) went up from last year&#8217;s figures of $13 million to $16.6 million in this year&#8217;s third quarter. Overall international sales for the first 3 quarters were recorded at $51.1 million as compared to last year&#8217;s $40.3 million.</p>
<p>Cash inflow for Cubist (NASDAQ:CBST) in its third quarter was recorded at $687 million, which was $578 million last year.</p>
<p>Cubist (NASDAQ:CBST)&#8217;S best selling drug proved to be Cubicin that is a treatment for skin infections of different types. Cubicin&#8217;s sales last year were $229.9 million, which went up to $256.7 million in this year&#8217;s third quarter. The drug got its first ever annual sales rate of a billion dollar.</p>
<p>Clostridium Difficile treatment by Cubist (NASDAQ:CBST) Called Dificid also had strong sales in company&#8217;s third quarter. For the first three quarters of 2014 total Dificid sales were $47.7 million. Cubist (NASDAQ:CBST) has every reason to consider Dificid a strong revenue generator in the future because around 700,000 clostridium difficile cases are reported in the US on an annual basis.</p>
<p>Another drug by Cubist (NASDAQ:CBST) called Entereg had a strong third quarter as well. The sales for Entereg went up resulting in third quarter revenue of $15.3 million; whereas its revenue last year was $13.7 million. For this year&#8217;s first 9 months Entereg had total sales of $43.8 million, which is quite an impressive figure by all standards. Back in 2011 GlaxoSmithKline (NYSE:GSK) gave away Entereg rights to Adolor, which was later acquired by Cubist (NASDAQ:CBST).</p>
<p>Staphylococcus Aureus treatment called Sivextro was launched by Cubist (NASDAQ:CBST) back in August; this treatment was engineered for adults. It was yet another hit by the company because its third quarter sales were recorded at $2.4 million within only weeks of its launch.</p>
<p>Future for Cubist (NASDAQ:CBST) looks extremely bright – a great news for its investors. Considering the fact that Sivextro only had a few weeks in Cubist (NASDAQ:CBST)’s third quarter it can be safely estimated that its sales in the fourth quarter will be even better; it will be one of the many drugs by the company that will act as strong revenue generators.</p>
<p>Cubist (NASDAQ:CBST) is waiting for its FDA approval for its latest UTI treatment drug called Zerbaxa, which could prove to be a great source of revenue for the company. Cubist (NASDAQ:CBST) is also looking for EU’s approval for the drug as well, which may come sometime next year.</p>
<p>Cubist (NASDAQ:CBST)’s growth in sales depend largely on the rising volume of hospitalized patients because most of its treatments are engineered to fight infections that are difficult to treat.</p>
<hr style="border-top:black solid 1px" /><a href="http://stocks.org/company/cubist-nasdaqcbst-had-a-great-third-quarter-and-look-well-balanced-for-its-fourth/26943/">Cubist (NASDAQ:CBST) had a Great Third Quarter and Look Well-balanced for its Fourth</a> was first posted on October 23, 2014 at 8:39 am.<br />©2014 "<a href="http://stocks.org">Stocks.org</a>". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at hso@stocks.org<br />]]></content:encoded>
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