earnings
confidence high
sentiment positive
materiality 0.80
Neurocrine Q2 INGREZZA sales $580M (+32% YoY); raises FY guidance; CEO Gorman to retire Oct 11
NEUROCRINE BIOSCIENCES INC
2024-Q2 EPS reported
$1.04
revenue$1,105,500,000
- INGREZZA Q2 net product sales $580M (+32% YoY); FY 2024 guidance raised to $2.25-$2.3B.
- GAAP net income $65M ($0.63 EPS); Non-GAAP net income $168.9M ($1.63 EPS), vs $125.7M ($1.25) YoY.
- CEO Kevin Gorman to retire Oct 11, 2024; succeeded by Kyle Gano, current Chief Business Development Officer.
- FDA granted Priority Review for crinecerfont in CAH; PDUFA Dec 29 (capsule) and Dec 30 (oral solution) 2024.
- Top-line Phase 2 data for NBI-'568 (schizophrenia) and luvadaxistat (CIAS) on track for Q3 2024.