earnings
confidence high
sentiment positive
materiality 0.75
Supernus Q2 revenues up 24% to $168.3M; Qelbree sales surge 92%; raises FY2024 guidance
SUPERNUS PHARMACEUTICALS, INC.
2024-Q2 EPS reported
$0.36
revenue$311,969,000
- Total Q2 revenues $168.3M (+24% YoY); Qelbree net sales $59.4M (+92% YoY); GOCOVRI $31.7M (+10% YoY)
- Operating income $22.6M; adjusted operating earnings $45.5M, up from $10.0M in Q2 2023
- Raising full-year 2024 guidance for total revenues and operating earnings (GAAP and non-GAAP)
- Resubmitted NDA for apomorphine infusion device (SPN-830) for Parkinson's motor fluctuations
- Phase 2b trial of SPN-820 for TRD expected topline data H1 2025; Phase 2 open-label MDD data by end 2024