earnings
confidence high
sentiment positive
materiality 0.70
Ironwood FY2024 revenue $351M, net income positive; apraglutide NDA rolling initiated
IRONWOOD PHARMACEUTICALS INC
2024-FY EPS reported
$0.01
revenue$351,410,000
- Total revenue $90.5M in Q4 and $351.4M for FY2024, down 23% YoY from $442.7M in FY2023.
- GAAP net income $1.8M in FY2024 vs. loss of $1.0B in FY2023 (prior year included impairment).
- Adjusted EBITDA $100.6M for FY2024, a significant improvement from $(884.8)M in FY2023.
- LINZESS prescription demand grew 11% YoY in FY2024; company achieved 2024 financial guidance.
- Rolling NDA submission for apraglutide (SBS) initiated, on track for completion in Q3 2025; OLE data showed 27 patients achieving enteral autonomy.