secwatch / observer
8-K filed August 2, 2023, 7:59 PM ET ticker PCRX CIK 0001396814
earnings confidence high sentiment negative materiality 0.75

Pacira Q2 net income $25.8M; EXPAREL guidance cut to $550-560M

Pacira BioSciences, Inc.

2023-Q2 EPS reported $0.13 revenue$329,808,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Pacira BioSciences, Inc. reported the second quarter ended June 30, 2023 results: revenue Total revenues of $169.5 million, net income Net income of $25.8 million, EPS $0.56 per share (basic) and $0.51 per share (diluted). Guidance lowered.

Period
the second quarter ended June 30, 2023
Revenue
Total revenues of $169.5 million
Net income
Net income of $25.8 million
EPS
$0.56 per share (basic) and $0.51 per share (diluted)
Guidance
lowered
Result
reported results
Exact text from the filing
Total revenues of $169.5 million • Net product sales of $135.1 million for EXPAREL, $29.3 million for ZILRETTA, and $4.4 million for iovera° • Net income of $25.8 million, or $0.56 per share (basic) and $0.51 per share (diluted)
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Pacira BioSciences, Inc. updated its full year 2023 guidance (lowered).

Period
full year 2023
Guidance
lowered
Result
guidance update
Exact text from the filing
Pacira is revising the following full-year financial guidance: • EXPAREL net product sales of $550 million to $560 million versus the company’s previously guided range of $570 million to $580 million; • ZILRETTA net product sales of $110 million to $115 million versus the company’s previously guided range of $115 million to $125 million; • Non-GAAP gross margin of 73% to 74% versus the company’s previously guided range of 76% to 78%; and • Stock-based compensation of $46 million to $49 million versus the company’s previously guided range of $51 million to $54 million.
View on SEC.gov

Browse all earnings releases →

Pacira BioSciences, Inc. filing history →

Source: SEC EDGAR
accession 0001396814-23-000035
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.