earnings
confidence high
sentiment neutral
materiality 0.70
BioCryst Q2 ORLADEYO rev $81M (+24% YoY); on track for FY $320M; GAAP EPS ($0.40)
BIOCRYST PHARMACEUTICALS INC
2023-Q2 EPS reported
-$0.68
revenue$151,269,000
- ORLADEYO net revenue $81.0M in Q2 2023, up 24.2% YoY from $65.2M; total revenues $82.5M (+25.9% YoY).
- GAAP net loss $75.3M ($0.40/share) vs $58.9M ($0.32/share) in Q2 2022; includes $29M one-time debt extinguishment fee.
- Non-GAAP EPS ($0.24) after excluding the one-time fee; operating cash use $13.5M in Q2.
- Reaffirmed FY 2023 ORLADEYO revenue guidance of >=$320M; peak revenue target $1B.
- R&D day set for Nov 3, 2023 to introduce pipeline assets; BCX10013 trial enrollment in PNH expected by year-end.