earnings
confidence high
sentiment positive
materiality 0.70
Halozyme Q3 royalty revenue up 15% to $114.4M; raises 2023 EBITDA & EPS guidance
HALOZYME THERAPEUTICS, INC.
2023-Q3 EPS reported
$1.45
revenue$599,214,000
- GAAP diluted EPS $0.61, non-GAAP $0.75; royalty revenue $114.4M (+15% YoY).
- Total revenue $216M (+3% YoY); operating income $88.3M vs $83.3M.
- Accelerates remaining $250M share repurchase into 2023 via ASR (immediate).
- Raises 2023 EBITDA guidance to $430-445M, non-GAAP EPS to $2.70-2.80.
- Partner milestones: positive CheckMate-67T, Phesgo Japan approval, Tecentriq SC US launch delay to 2024.