earnings
confidence high
sentiment positive
materiality 0.90
Theravance Biopharma reports record Q4 and full year 2024 financial results with YUPELRI and TRELEGY milestones
Theravance Biopharma, Inc.
2024-FY EPS reported
-$1.15
revenue$64,381,000
- YUPELRI US net sales reached $66.7M in Q4 2024 and $238.6M for full year, up 10% and 8% year-over-year, driven by increased customer demand.
- TRELEGY global net sales of $3.46B in FY 2024 triggered a $50M milestone from Royalty Pharma, received in February 2025.
- Company ended Q4 2024 with $88M cash, and CYPRESS study on track to enroll final patient by mid-2025.
- Q4 2024 total revenue was $18.8M from Viatris collaboration, with net loss of $15.5M and non-GAAP net loss of $2.5M.