earnings
confidence high
sentiment positive
materiality 0.80
Exelixis Q4 2023 revenue $479.7M, GAAP EPS $0.27, non-GAAP $0.33; FY revenue $1.83B
EXELIXIS, INC.
2023-FY EPS reported
$0.65
revenue$1,830,208,000
- Total Q4 revenues $479.7M (up from $423.9M YoY); cabozantinib net product revenues $429.3M.
- GAAP diluted EPS $0.27 (Q4) and $0.65 (FY); non-GAAP diluted EPS $0.33 (Q4) and $0.90 (FY).
- FY 2023 total revenues $1.83B, up 14% from $1.61B; net product revenues $1.63B.
- R&D expenses $244.7M (Q4) vs $336.8M YoY; SG&A $131.4M vs $119.3M YoY.
- Pipeline: regulatory strategies for cabozantinib label expansions; MSN IP litigation ruling expected spring 2024.