earnings
confidence high
sentiment positive
materiality 0.75
Axogen Q4 2024 revenue up 15.1% to $49.4M; reports first quarterly net income of $0.4M
Axogen, Inc.
2024-FY EPS reported
-$0.23
revenue$187,338,000
- Q4 revenue $49.4M (+15.1% YoY); gross margin 76.1% vs 74.6%.
- Q4 net income $0.4M ($0.01 EPS) vs net loss $3.9M prior year; adjusted net income $3.5M ($0.07 EPS).
- Full-year 2024 revenue $187.3M (+17.8% YoY); adjusted EBITDA $19.8M vs -$1.1M in 2023.
- FDA accepted BLA for Avance Nerve Graft; PDUFA goal date Sept 5, 2025; anticipates approval.
- 2025 guidance: revenue growth 15-17%, gross margin 73-75%, expects positive net cash flow.