earnings
confidence high
sentiment positive
materiality 0.75
Harmony Bio Q1 WAKIX revenue $119.1M (+40% YoY); GAAP EPS $0.48; patients ~5,200
Harmony Biosciences Holdings, Inc.
2023-Q1 EPS reported
$0.48
revenue$119,126,000
- Net product revenue $119.1M, +39.6% YoY; GAAP net income $29.5M ($0.48 diluted EPS) vs $21.5M ($0.35) prior year.
- Average patients on WAKIX ~5,100 (+1,200 YoY); exited Q1 with ~5,200 patients.
- Cumulative WAKIX net revenue surpassed $1B since launch; Phase 3 IH INTUNE topline data expected Q4 2023.
- Non-GAAP adjusted net income $40.1M ($0.66 diluted EPS) vs $31.1M ($0.51) prior year.