earnings
confidence high
sentiment positive
materiality 0.75
Amylyx reports Q3 product revenue $102.7M, net income $20.9M, PHOENIX topline Q2 2024
Amylyx Pharmaceuticals, Inc.
2023-Q3 EPS reported
$0.63
revenue$272,337,000
- Net product revenue $102.7M (Q3) vs $98.2M (Q2 2023) and $0.3M (Q3 2022).
- Net income $20.9M ($0.30 diluted EPS) compared to net loss $53.8M in Q3 2022.
- Cash, equivalents and short-term investments $355.0M at Sept 30, 2023.
- Post hoc analysis: median overall survival 10.4 months longer with AMX0035 vs historical control.
- CHMP reaffirmed negative EU opinion; final decision end 2023. PHOENIX Phase 3 topline expected Q2 2024.