earnings
confidence high
sentiment neutral
materiality 0.75
ANI Pharma Q3 2022: Record revenue $83.8M (+61% YoY); GAAP loss $(9.0M); adj. EPS $0.64; Cortrophin $12.6M
ANI PHARMACEUTICALS INC
2022-Q3 EPS reported
-$2.76
revenue$222,153,000
- Record net revenues of $83.8M, up 61% YoY from $52.1M.
- GAAP net loss $(9.0M) and diluted loss per share $(0.55), compared to loss $(4.4M) and $(0.37) in Q3 2021.
- Adjusted non-GAAP EBITDA $19.6M (nearly double Q2 2022) and adjusted diluted EPS $0.64, down from $1.01 in Q3 2021.
- Cortrophin net sales $12.6M; cumulative patient cases 765+; reiterated full-year Cortrophin revenue guidance $40-45M; full-company guidance also reaffirmed.