💨 Abstract

Exelixis Inc. (EXEL) reported a first-quarter profit of $159.6 million, with earnings per share of 55 cents (62 cents adjusted). These figures surpassed Wall Street expectations. The company's revenue was $555.4 million, also exceeding forecasts. Exelixis anticipates full-year revenue between $2.25 billion and $2.35 billion.

Courtesy: wtop.com