earnings
confidence high
sentiment positive
materiality 0.75
Neurocrine Q1: INGREZZA sales $506M (+23% YoY); GAAP EPS $0.42, non-GAAP EPS $1.20
NEUROCRINE BIOSCIENCES INC
2024-Q1 EPS reported
$0.42
revenue$515,300,000
- INGREZZA net product sales $506M in Q1 2024 vs $411M in Q1 2023, up 23% year-over-year.
- GAAP net income $43.4M ($0.42 diluted EPS) vs net loss $76.6M ($0.79 loss) in Q1 2023.
- Non-GAAP net income $124.8M ($1.20 diluted EPS) vs net loss $49.5M ($0.51 loss) a year ago.
- Total revenues $515.3M (+23% YoY); cash & equivalents $1.91B at quarter end.
- FDA approved INGREZZA SPRINKLE; NDAs submitted for crinecerfont in congenital adrenal hyperplasia.