earnings
confidence high
sentiment neutral
materiality 0.60
Xeris Biopharma Q2 net product revenue record $25.3M, reaffirms FY guidance
Xeris Biopharma Holdings, Inc.
2022-Q2 EPS reported
-$0.44
revenue$47,379,000
- Record Q2 net product revenue $25.3M, up 15% from Q1 and 34% pro forma YoY.
- Gvoke net revenue $11.5M (+30% YoY); Keveyis $12.8M (+28% pro forma); Recorlev $1.0M.
- Cash $111.6M at quarter-end; reaffirms FY net product revenue $105M-$120M, cash flow breakeven by end 2023.
- Net loss $26.2M ($0.19/sh) in Q2, $59.9M ($0.44/sh) in H1.
- Ogluo commercial partner Tetris Pharma acquired by Arecor Therapeutics in August 2022.