earnings
confidence high
sentiment neutral
materiality 0.70
Ionis reports FY2022 revenue $587M, net loss $270M; eplontersen NDA submitted; 2023 guidance revenue >$575M
IONIS PHARMACEUTICALS INC
2022-FY EPS reported
-$1.90
revenue$151,890,000
- FY2022 total revenue $587M (down from $810M in 2021); net loss $270M vs $29M loss in 2021.
- Q4 2022 revenue $152M, net loss $52M; non-GAAP net loss $168M.
- Eplontersen NDA submitted to FDA for ATTRv-PN; tofersen under FDA/EMA review; olezarsen Fast Track for FCS.
- 2023 guidance: revenue >$575M, non-GAAP operating expenses ~$970-995M, net operating loss <$425M.
- Cash, cash equivalents and short-term investments $2.0B at Dec 31, 2022; plus $500M from Royalty Pharma in Jan 2023.