earnings
confidence high
sentiment positive
materiality 0.80
Jazz Pharma reports record 2022 revenue of $3.7B, up 18% YoY; guides 2023 revenue $3.675-3.875B
Jazz Pharmaceuticals plc
2022-FY EPS reported
-$3.58
revenue$3,659,374,000
- Record 2022 total revenue $3.7B (+18% YoY); 2023 revenue guidance $3.675-3.875B (3% growth at midpoint).
- Xywav became largest product in Q4, annualizing >$1B; more narcolepsy patients on Xywav than Xyrem.
- Cash from operations $1.3B in 2022; delevered balance sheet to 2.9x adjusted net leverage.
- Pipeline progress: positive zanidatamab pivotal trial in BTC; Phase 2 suvecaltamide in Parkinson's tremor enrolled.
- FDA approved Rylaze sBLA for MWF IM dosing; Epidyolex launched in all five key EU markets.