earnings
confidence high
sentiment neutral
materiality 0.70
Supernus Q4 rev $164.3M, Qelbree +97% YoY; FY23 GAAP op loss $5.3M, non-GAAP op earnings $125.1M
SUPERNUS PHARMACEUTICALS, INC.
2024-FY EPS reported
$0.02
revenue$607,521,000
- Q4 2023 total revenues $164.3M (GAAP); full year 2023 total revenues $607.5M, down 9% YoY.
- Qelbree net sales Q4 $46.4M (+97% YoY), full year $140.2M (+129%); GOCOVRI Q4 $32.0M (+10%), full year $119.6M (+15%).
- Full year 2023 GAAP operating loss $(5.3)M; non-GAAP operating earnings $125.1M. GAAP net earnings $1.3M ($0.02 diluted EPS).
- FY2024 guidance: total revenues $580-$620M; non-GAAP operating earnings $80-$110M; expects generic erosion of Trokendi XR/Oxtellar XR from Sep 2024.
- Pipeline: SPN-830 PDUFA April 5, 2024; Phase IIb SPN-820 data H1 2025; interim Phase IIa SPN-817 data May 2024.