earnings
confidence high
sentiment positive
materiality 0.80
United Therapeutics Q1 2024 revenue up 34% to $677.7M; net income $306.6M
UNITED THERAPEUTICS Corp
2024-Q1 EPS reported
$6.17
revenue$677,700,000
- Total revenues $677.7M (+34% YoY); Tyvaso product line grew 56% to $372.5M.
- Net income $306.6M ($6.17 diluted EPS) vs $240.9M ($4.86 EPS) in Q1 2023.
- Implemented $1B accelerated share repurchase with Citi; initial delivery of 3.275M shares.
- Tyvaso DPI sales $227.5M (+92% YoY); nebulized Tyvaso $145.0M (+21%).
- Revenue growth driven by increased patient utilization and Part D redesign tailwinds.