Amarin reports preliminary Q4 revenue $88-90M, FY 2022 rev $367-369M, cash $310M

AMARIN CORP PLCUK

2022-FY EPS reported -$0.26 revenue$369,193,000

Q4 2022 total net revenue estimated $88-90M; full-year 2022 revenue $367-369M (preliminary, unaudited).
Cash and investments at year-end ~$310M; positive Q4 cash flow of ~$4M.
U.S. VASCEPA business achieved fourth consecutive quarter of revenue stabilization amid generic competition.
Secured positive pricing/reimbursement decisions in five European markets during 2022; negotiations ongoing in Spain, Italy, France, Norway, Netherlands.
2023 priorities: accelerate European revenues, maintain U.S. profitability, progress international filings (up to 9 countries), advance FDC program.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMARIN CORP PLCUK reported fourth quarter and full-year 2022 results: revenue $88 to $90 million and $367 to $369 million.

Period: fourth quarter and full-year 2022
Revenue: $88 to $90 million and $367 to $369 million
Result: preliminary results

Exact text from the filing

For the fourth quarter and full year 2022, Amarin estimates total net revenue, subject to audit, to be between $88 to $90 million and $367 to $369 million, respectively.

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Source: SEC EDGAR

accession 0001193125-23-005718

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