earnings
confidence high
sentiment positive
materiality 0.80
Pacira Q1 rev $158M (+33% YoY), net income $6.8M, appoints COO
Pacira BioSciences, Inc.
2022-Q1 EPS reported
$0.15
revenue$157,991,000
- Q1 revenue $158.0M (+33% YoY); EXPAREL $129.2M, ZILRETTA $23.6M (acquired Nov 2021).
- GAAP net income $6.8M ($0.15/sh); non-GAAP net income $29.9M ($0.67 basic).
- Adjusted EBITDA $53.8M ($1.16/diluted sh) vs $36.2M in Q1 2021.
- Daryl Gaugler appointed COO effective May 4, 2022; was SVP Commercial Ops.
- No revenue guidance due to COVID uncertainty; reiterates FY2022 opex guidance.