earnings
confidence high
sentiment positive
materiality 0.80
ADMA Biologics Q3 revenue $41.1M (+99% YoY); raises FY2022 guidance to $145M
ADMA BIOLOGICS, INC.
2022-Q3 EPS reported
-$0.27
revenue$104,098,237
- Q3 revenue $41.1M (+99% YoY from $20.7M); gross profit $9.7M vs $0.4M; net loss $14.9M ($0.08 loss/share) narrowing from $17.7M.
- FY2022 revenue guidance raised to ~$145M from prior $130M; reiterates profitability target no later than Q1 2024.
- ASCENIV record pull-through; ongoing strategic review with Morgan Stanley; BioCenters on track for 10 FDA-licensed centers by 2023.
- Long-term targets: revenue $250M+ in 2024, $300M+ thereafter; gross margins 40-50%, net income margins 20-30%.