earnings
confidence high
sentiment positive
materiality 0.80
Harmony Biosciences Q3 2022 net revenue $117.2M, up 45% YoY; GAAP EPS $1.44, non-GAAP EPS $0.95
Harmony Biosciences Holdings, Inc.
2022-Q3 EPS reported
$2.18
revenue$309,547,000
- Net product revenue $117.2M (+45% vs Q3 2021); average WAKIX patients ~4,600.
- GAAP net income $87.9M ($1.44 diluted EPS) vs loss of $9.6M in prior year; includes $74.5M tax benefit.
- Non-GAAP adjusted net income $58.1M ($0.95 diluted EPS) vs $23.4M ($0.41) in prior year.
- PWS Phase 2 POC study positive signal on EDS; high-dose pitolisant higher responder rate vs placebo.
- Cash, cash equivalents & investments $316M as of Sep 30, 2022.