earnings
confidence high
sentiment neutral
materiality 0.75
Amneal Q3 revenue up 13% to $702M; GAAP net loss $0.2M, adjusted EPS $0.16; affirms guidance
Amneal Pharmaceuticals, Inc.
2024-Q3 EPS reported
-$0.28
revenue$2,063,439,000
- Revenue $702M (+13% YoY); adjusted EBITDA $158M (+2% YoY); adjusted diluted EPS $0.16 vs $0.19 YoY.
- GAAP net loss $0.2M vs net income $10M in Q3 2023; diluted EPS $0.00.
- Generics +9%, Specialty +19%, AvKARE +21%; launched CREXONT for Parkinson's disease.
- Collaboration with Metsera for obesity/metabolic drugs; in-licensed high-value biosimilar.
- Affirms full-year 2024 guidance.