earnings
confidence high
sentiment positive
materiality 0.85
Jazz Pharma Q2 revenue $957M (+3% YoY); GAAP EPS $1.52 beats; raises FY guidance
Jazz Pharmaceuticals plc
2023-Q2 EPS reported
$2.55
revenue$1,850,129,000
- Q2 total revenue $957M (+3% YoY); GAAP net income $104.4M ($1.52 diluted EPS) vs $34.7M ($0.55) prior year.
- Xywav sales $326.6M (+39% YoY); Epidiolex $202.2M (+15%); Rylaze $101.7M (+39%).
- Raises FY2023 guidance: revenue $3.725-$3.875B; non-GAAP adjusted EPS raised to $18.15-$19.00 from $16.90-$17.85.
- Repurchased $100M in shares under $1.5B program; $336M remaining as of June 30, 2023.
- Combined oxybate revenue (incl. AG royalties) $491.8M (-2% YoY); Xyrem down 41% to $159.8M.