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SWKH - SWK Holdings EPS beats by $0.40 beats on revenue
SWK Holdings Corporation
SWK Holdings (SWKH): Q3 GAAP EPS of $0.34 beats by $0.40.Revenue of $10.65M (+67.7% Y/Y) beats by $4.09M.Enteris BioPharma, a wholly-owned subsidiary of SWK Holdings, recognized $2.5M in milestone revenue under the license agreement with Cara Therapeutics.Closed $4.4M purchase of portfolio of royalties from PDL BioPharma.Core specialty finance segment generated a 11.9% adjusted ROIC with yielding assets increasing 4.6% Y/Y to $183.5M.Press Release