earnings
confidence high
sentiment neutral
materiality 0.70
Keenova reports Q1 net sales $468M, loss $114M; reaffirms FY guidance
Keenova Therapeutics plc
2026-Q1 EPS reported
-$2.87
revenue$468,300,000
- Acthar Gel net sales $170M (+47% YoY); XIAFLEX net sales $134M.
- Loss from continuing ops $114M; adjusted EBITDA $174M.
- Reaffirmed FY2026 guidance: net sales $1.94B-$2.00B, adj. EBITDA $730M-$760M.
- Realized $23M in merger synergies in Q1; on track for $100M in 2026.
- Pipeline: Phase 3 plantar fibromatosis topline expected July 2026; FDA EOP2 meeting for hammer toe June 2026.