earnings
confidence high
sentiment positive
materiality 0.75
Heron Therapeutics Q1 2025 net revenue $38.9M, record adj. EBITDA $6.2M, raises FY adj. EBITDA guidance to $4-12M
HERON THERAPEUTICS, INC. /DE/
2025-Q1 EPS reported
$0.01
revenue$38,903,000
- Net revenue of $38.9M, up 12.2% YoY; acute care franchise up 89.4% driven by ZYNRELEF (+60.4%).
- Record Q1 adjusted EBITDA of $6.2M; full-year adj. EBITDA guidance raised to $4-12M from $0-8M.
- Settled patent litigation with Mylan on CINVANTI/APONVIE; generic entry agreed for June 1, 2032.
- Cash and investments $50.7M; ZYNRELEF prefilled syringe development on track for early 2027 launch.
- NOPAIN Act took effect April 1; provides separate Medicare payment for non-opioids like ZYNRELEF.