earnings
confidence high
sentiment positive
materiality 0.70
Pacira preliminary FY2024 revenue $701M (+3.9% YoY); announces 5x30 growth plan
Pacira BioSciences, Inc.
2024-FY EPS reported
-$2.15
revenue$700,966,000
- FY2024 total revenue of $701.0M, up from $675.0M in 2023; Q4 EXPAREL $147.7M.
- EXPAREL net sales $549.0M, ZILRETTA $118.1M, iovera° $22.8M for full year.
- Unveils 5x30 plan: treat >3M patients/year, double-digit revenue CAGR, 5pp gross margin improvement by 2030.
- Inducement grants: options for 20,300 shares and RSUs for 30,400 shares at $18.40.
- Revenue preliminary and unaudited; full Q4 and FY results with guidance expected Q1 2025.