earnings
confidence high
sentiment positive
materiality 0.75
BioCryst FY2023 ORLADEYO rev $326M (+30% yoy); guides $380-400M 2024, expects operating profit
BIOCRYST PHARMACEUTICALS INC
2023-FY EPS reported
-$1.18
revenue$331,412,000
- ORLADEYO net revenue $90.9M Q4, $326M FY2023; U.S. patients on paid/free product 1,104 (+30% yoy).
- 2024 guidance: ORLADEYO revenue $380-$400M; expects operating profit in 2024, positive EPS and cash flow in 2H 2025.
- GAAP net loss Q4 $61.7M ($0.31), FY2023 $226.5M ($1.18); non-GAAP net loss Q4 $56.4M ($0.28).
- R&D expenses fell to $70.1M Q4 (-4% yoy); SG&A rose to $64.4M Q4 (+28% yoy) on commercial expansion.
- Cash $390.8M at Dec 31, 2023; net cash use $8.6M in Q4.