earnings
confidence high
sentiment positive
materiality 0.90
Jazz Pharmaceuticals Reports Q3 2023 Revenue of $972M, Raises Full-Year Guidance
Jazz Pharmaceuticals plc
2023-Q3 EPS reported
$4.67
revenue$2,822,269,000
- Xywav net product sales grew 30% year-over-year to $331.6M; total oxybate revenue annualizing at $1.9B
- Epidiolex net product sales up 9% to $213.7M; Rylaze up 43% to $104.9M
- Company raises 2023 total revenue guidance to $3.75-$3.875B and oncology guidance to $975M-$1.05B
- Plan to initiate zanidatamab rolling BLA submission this year for accelerated approval in 2L biliary tract cancers
- GAAP net income of $146.8M vs. loss of $19.6M in Q3 2022; non-GAAP adjusted net income $340.1M