earnings
confidence high
sentiment neutral
materiality 0.75
Amylyx Q2 product revenue $98.2M, net income $22.1M; CHMP re-examining MAA
Amylyx Pharmaceuticals, Inc.
2023-Q2 EPS reported
$0.34
revenue$169,644,000
- Net product revenue $98.2M in Q2 2023 (up from $71.4M in Q1); net income $22.1M ($0.31 diluted EPS).
- Cash, equivalents and short-term investments $357.3M at June 30, 2023.
- Phase 3 ORION trial of AMX0035 for PSP to start by year-end; ~600 participants planned.
- CHMP re-examining negative opinion on AMX0035 MAA for ALS; final opinion expected fall 2023.
- Five Canadian provinces now reimburse ALBRIOZA; broad public coverage expected by end of August.