earnings
confidence high
sentiment positive
materiality 0.85
ADMA Biologics Q3 total revenue $119.8M (+78% YoY); GAAP net income $35.9M (+1,300%)
ADMA BIOLOGICS, INC.
2024-Q3 EPS reported
$0.35
revenue$308,905,000
- Revenue $119.8M (+78% YoY); GAAP net income $35.9M (+1,300%); Adj. EBITDA $45.4M (+256%)
- FY2024 guidance raised: revenue >$415M (from >$400M), GAAP net income >$120M (from >$105M), Adj. EBITDA >$160M (from >$150M)
- FY2025 guidance raised: revenue >$465M, net income >$165M, Adj. EBITDA >$215M
- Appointed KPMG as new independent registered public accounting firm, replacing CohnReznick after 17 years
- ASCENIV now >50% of revenue; sBLA filing planned for label expansion; pediatric study database lock in Q4 2024