earnings
confidence high
sentiment positive
materiality 0.80
BioCryst Q2 ORLADEYO revenue up 34% to $108.3M; raises FY guidance to $420-435M
BIOCRYST PHARMACEUTICALS INC
2024-Q2 EPS reported
-$0.23
revenue$202,093,000
- Q2 total revenue $109.3M (+32.5% YoY); GAAP operating profit $8.8M vs loss $20.7M in Q2 2023.
- Net loss narrowed to $12.7M ($0.06/share) from $75.3M ($0.40/share); non-GAAP operating profit $21.9M.
- ORLADEYO FY2024 revenue guidance raised to $420-435M from $390-400M, citing strong demand and payer improvements.
- Discontinuing oral Factor D inhibitor BCX10013 due to insufficient activity; advancing BCX17725 for Netherton syndrome to clinic by end-2024.
- Cash $338.1M vs $415.7M a year ago; operating cash use was only $0.2M in Q2.