other material
confidence high
sentiment neutral
materiality 0.50
Pacira reports Oct 2022 preliminary net sales of $54.9M; EXPAREL average daily sales 106% of prior year
Pacira BioSciences, Inc.
- Preliminary unaudited net product sales of $54.9M for October 2022.
- EXPAREL net sales $45.0M (vs $42.5M Oct 2021); average daily sales 106% of prior year.
- ZILRETTA net sales $8.6M (acquired Nov 2021); iovera° net sales $1.3M (vs $1.2M).
- Company not providing FY2022 revenue/gross margin guidance due to COVID-19 uncertainty.
- CEO Dave Stack reiterates confidence in double-digit growth and value creation from partnerships.