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Anika Q2 revenue $32.6M (+16% YoY); raises FY 2026 guidance, adj. EBITDA margin 13-17%
Q2 revenue $32.6M, up 16% YoY; Commercial Channel record $13.9M (+17%); OEM $18.7M (+14%).
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Anika Therapeutics enters Fifth Amendment to credit agreement, $50M revolver due 2031
$50M senior revolving credit facility with Bank of America, maturity July 10, 2031.
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Anika shareholders approve share reserve increases for equity plans at annual meeting
Stockholders approved amendment to 2017 Omnibus Incentive Plan, increasing reserved shares from 5,760,000 to 6,110,000 (350,000 share increase).
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Anika Q1 revenue up 13% to $29.6M; adjusted EBITDA improves to $4.3M; directors resign
Total revenue $29.6M (+13% YoY); Commercial Channel +12%, OEM +14%.
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Anika Q4 rev flat, FY rev -6%; guides 2026 rev $114-122.5M; GC Colleran to depart May 1
Q4 revenue $30.6M flat YoY; GAAP EPS $0.13, adjusted EPS $0.31; gross margin 63%.
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Anika Therapeutics appoints Steve Griffin CEO effective Feb 1, 2026; Cheryl Blanchard becomes Executive Chair
Steve Griffin, current CFO & COO, promoted to President and CEO effective Feb 1, 2026.
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Anika Q3 revenue down 6% to $27.8M; files final Hyalofast PMA with mixed Phase III data
Q3 continuing ops rev $27.8M (-6% YoY); loss per share ($0.22); adj EPS $0.04; adj EBITDA $0.9M.
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Anika's Hyalofast Phase III misses co-primary endpoints; plans PMA filing by end of 2025
Hyalofast missed pre-specified co-primary endpoints (percent change in KOOS Pain and IKDC function vs microfracture) on statistical significance.
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Anika Therapeutics Q2 2025 revenue down 8%; Hyalofast trial misses co-primary endpoints
Q2 2025 revenue $28.2M, down 8% YoY; Commercial Channel flat, OEM Channel down 13%
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Anika Therapeutics stockholders approve 475,000-share increase in incentive plan
Share reserve under 2017 Omnibus Incentive Plan raised from 5,285,000 to 5,760,000.
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Anika Q1 revenue down 10% to $26.2M; lowers FY2025 Adj. EBITDA guidance to -3% to 3%
Revenue $26.2M, down 10% YoY; OEM channel down 23% to $14.9M, Commercial channel up 18% to $11.3M.
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Anika Therapeutics announces departure of COO Anne Nunes, eliminates position
Anne Nunes departs as Chief Operations Officer effective April 25, 2025.
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Anika Therapeutics reports Q4 2024 revenue $30.6M, full year $119.9M; guides 2025 adj EBITDA margin 8-10%
Q4 revenue from continuing ops $30.6M (+1% YoY); full-year revenue $119.9M (-1% YoY).
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Anika completes sale of Parcus Medical for $4.5M cash, sharpens focus on OA pain management
Sale closed March 7, 2025 to Medacta Group SA (Medacta Americas Manufacturing).
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Anika Therapeutics completes sale of Arthrosurface for $10M; plans to divest Parcus Medical
Sold Arthrosurface to Phoenix Brio for $7M note plus up to $3M contingent consideration based on sales performance.
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Anika Q3 rev $38.8M (-7% YoY), net loss $29.9M; restructures, sells Arthrosurface, plans Parcus divestiture
Revenue $38.8M (-7% YoY), net loss $29.9M ($2.03/sh); adj net loss $3.8M ($0.25/sh).
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Anika Q2 revenue $41.9M (-5% YoY); net loss $0.1M; launches Integrity Implant System
Revenue $41.9M, down 5% YoY; OA Pain Mgmt $26.7M (-9%), Joint Preservation $13.5M (+7%).
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Anika Therapeutics stockholders elect directors and ratify auditor at 2024 annual meeting
Elected Sheryl L. Conley, William R. Jellison, Stephen O. Richard as Class I directors (2027 term).
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Anika Therapeutics adds two directors, announces $40M buyback under Caligan deal
Appointed Joseph Capper (MIMEDX CEO) and William Jellison (former Stryker CFO) to Board; board expands to 10 then reduces to 9 after 2024 annual meeting.
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Anika Therapeutics Q1 revenue up 7% to $40.5M; narrows net loss; reaffirms FY2024 guidance
Q1 revenue $40.5M (+7% YoY); net loss narrowed to $4.5M from $10.4M; adjusted net income $1.2M ($0.09/dil share).
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Anika Therapeutics appoints Stephen Griffin as CFO replacing Michael Levitz effective June 3, 2024
Stephen Griffin appointed EVP, CFO and Treasurer of Anika Therapeutics, effective June 3, 2024.
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Anika Q4 revenue $43.0M (+8%), net loss incl. $62.2M impairment; guides FY2024 adj. EBITDA $25-30M
Q4 revenue $43.0M (+8% YoY); net loss ($63.0M) or ($4.30)/share due to $62.2M non-cash impairment on Arthrosurface/Parcus intangibles.
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Director Jeffery S. Thompson to retire; John B. Henneman appointed Board Chair
Jeffery S. Thompson will retire from Anika's Board at the 2024 Annual Meeting after 13 years.
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Anika Q3 revenue $41.5M (+3% YoY); raises FY2023 guidance to $164-166M
Revenue $41.5M (+3% YoY); Joint Preservation & Restoration up 14% to $13.5M, OA Pain Mgmt up 2% to $24.9M.
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Anika Therapeutics files investor presentation with pipeline updates; no financial details provided
Presentation for Sidoti Small Cap Conference dated September 21, 2023, furnished as Exhibit 99.1.
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Anika Q2 revenue rises 12% to $44.3M; raises FY2023 guidance floor to $159.5M
Q2 revenue $44.3M (+12% YoY); net loss ($0.19)/share; adjusted EPS $0.06 vs ($0.12) prior year.
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Anika appoints Anne Nunes as SVP, COO; shareholders approve 435K-share plan increase
Anne Nunes appointed SVP, Chief Operations Officer effective June 19, 2023; base salary $440,000, target bonus 45%.
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Anika Q1 revenue up 3% to $37.9M but net loss widens to $10.4M
OA Pain Mgmt rev $22.6M (+8% YoY); Joint Preservation & Restoration rev $13.5M (+11% YoY).
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Anika Therapeutics pays $3.25M to settle Parcus Medical earnout arbitration
Paid $3.25M one-time settlement to Philip Mundy, Parcus Medical unitholder rep, to resolve earnout arbitration.
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Anika enters cooperation with Caligan, appoints director, authorizes $20M buyback
Appointed Gary Fischetti as Class III director; Board expands to eight members.
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Anika Q4 revenue up 11% to $39.6M; net loss $4.9M; FY2023 guidance $158-163M
Q4 revenue $39.6M (+11% YoY); OA Pain Mgmt $23.7M (+20%), Joint Preservation $14.3M (+8%).
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Anika Q3 revenue $40.3M (+2% YoY); net loss ($4.2M); Cingal Phase III hits endpoint
Revenue $40.3M (+2% YoY); OA Pain Mgmt $25.7M (-2%), Joint Preservation $11.8M (+6%), Non-Ortho $2.8M (+27%).
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Anika's Cingal succeeds in Phase III 19-01, beats steroid alone at 26 weeks
Cingal met primary endpoint in U.S. Phase III study 19-01: superior to TH steroid at 26 weeks (p=0.0406).
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Anika Q2 rev $39.7M (+4%); net loss ($2.8M) vs prior profit $6.5M
Q2 revenue $39.7M (+4% YoY); OA Pain Mgmt $25.7M (+6%), Joint Preservation $12.1M (+2%).
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Anika shareholders approve 250,000-share increase in 2017 incentive plan, reelect directors
Stockholders approved amendment increasing shares under 2017 Omnibus Plan from 4.6M to 4.85M; 10.1M in favor, 2.25M against.
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Anika Q1 revenue $36.7M (+7% YoY); net loss ($2.9M) vs. income; reaffirms FY22 growth
OA Pain Management revenue $22.7M (+18% YoY); Joint Preservation & Restoration $12.1M (-1%).
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Anika reports Q4 2021 revenue $35.8M (+10% YoY); full year $147.8M (+13%); guides FY2022 low-to-mid single digit growth
Q4 2021 revenue $35.8M (+10% YoY); net loss $5.8M ($0.40 diluted) vs $15.7M loss prior year.
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Anika Therapeutics enters $75M senior revolving credit facility maturing 2026
Third Amendment to Credit Agreement increases revolving line to $75M, expandable to $150M.
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Anika Q3 revenue up 25% to $39.5M, net income $0.6M; cuts FY2021 revenue growth outlook to 9-11% from 11-14%
Revenue $39.5M (+25% YoY); Joint Pain Management up 42% to $26.2M.
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Anika Therapeutics appoints Sheryl Conley to Board of Directors; adds orthopedic industry expertise
Appointed Sheryl Conley as independent director effective Oct 28, 2021; board expands from seven to eight members.
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Anika Q2 revenue $38.1M (+24% YoY); raises FY revenue growth outlook to 11-14%
Net income $6.5M ($0.45 diluted EPS) vs net loss $7.7M in Q2 2020.