earnings
confidence high
sentiment positive
materiality 0.70
Rhythm Pharma Q4 2022 product revenue $8.8M, net loss $42.5M; BBS launch >200 scripts
RHYTHM PHARMACEUTICALS, INC.
2022-FY EPS reported
-$3.47
revenue$23,638,000
- Product revenue $8.8M Q4 2022, $16.9M FY; net loss $42.5M ($0.75/sh) Q4, $181.1M ($3.47/sh) FY.
- IMCIVREE for BBS: >200 new scripts from >125 physicians, >100 reimbursement approvals since FDA approval June 2022.
- Acquired Xinvento B.V. for congenital hyperinsulinism; founder Claudine van der Sande joins as VP, Head of CHI Program.
- Initiated pivotal Phase 3 trial for setmelanotide in acquired hypothalamic obesity; patient screening underway.
- FY 2023 non-GAAP operating expense guidance $200M-$220M.