Amarin Q4 revenue $62.3M, net loss $48.6M; announces 1-for-20 ADS reverse split to maintain listing

AMARIN CORP PLCUK

Q4 total net revenue $62.3M, down 17% YoY; net loss $48.6M vs $5.8M loss in Q4 2023.
U.S. VASCEPA revenue fell to $44.2M from $64.9M on generic competition; European revenue rose to $4.0M, RoW to $11.9M.
Cash and investments $294.2M at Dec 31, 2024, down from $320.7M a year earlier; no debt.
Announces 1-for-20 ADS reverse split effective ~April 11, 2025 to comply with Nasdaq $1 minimum bid price.
Non-GAAP adjusted net loss $8.7M ($0.02/ADS) vs adjusted loss $0.9M in Q4 2023.

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