earnings
confidence high
sentiment positive
materiality 0.75
Collegium Q1 revenue up 9% to $193.5M; JORNAY PM +36%; FY guidance reaffirmed; AZSTARYS deal on track
COLLEGIUM PHARMACEUTICAL, INC
2026-Q1 EPS
reported $0.40
vs consensus $1.62
▼ miss
(-75.4%)
- Product net revenue of $193.5M (+9% YoY); GAAP diluted EPS $0.40; adjusted EPS $1.76.
- JORNAY PM net revenue $38.9M (+36% YoY); prescriptions rose 14% to >206,000.
- Pain portfolio net revenue $154.6M (+4% YoY); Belbuca $52.6M, Xtampza ER $50.8M.
- Reaffirmed FY 2026 guidance: product revenue $805-825M, adjusted EBITDA $455-475M.
- Acquisition of AZSTARYS for $650M cash on track to close Q2 2026; $135M milestone potential.