earnings
confidence high
sentiment positive
materiality 0.75
Harmony Biosciences: Q4 WAKIX revenue ~$201M, FY2024 ~$714M; guides 2025 $820-860M
Harmony Biosciences Holdings, Inc.
2024-FY EPS reported
$2.51
revenue$714,734,000
- Preliminary Q4 2024 net product revenue ~$201M (vs $168.4M Q4 2023); FY2024 ~$714M (vs $582M, +23% YoY).
- 2025 net revenue guidance of $820-860M, implying continued growth toward $1B+ opportunity.
- Pipeline catalysts: FDA decision on pitolisant sNDA for idiopathic hypersomnia expected Q1 2025; potential approval in 2025.
- Phase 3 topline data for ZYN002 in Fragile X syndrome expected Q3 2025; Pitolisant-HD Phase 3 in narcolepsy to start Q4 2025.
- Average patients on WAKIX increased to ~7,100 in Q4 2024, up ~300 sequentially.