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Q1 revenue $156.1M (-30% YoY); net income slumps 90%; guidance raised on adjusted EBITDA
Revenue $156.1M vs $222.2M in Q1 2025; net income $6.8M ($0.07 EPS) vs $68.0M ($1.19 EPS).
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Emergent BioSolutions closes $150M Term Loan with OrbiMed, extends maturities, cuts interest expense 200 bps
New $150M Term Loan with OrbiMed matures April 2031, replaces prior $150M OHA facility; ABL reduced to $50M.
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EBS Q4 net loss $1.04/sh, FY2025 net income $0.93/sh; FY2026 rev guidance $720-760M
Full year 2025 total revenues $742.9M, down 29% from $1,043.6M in 2024.
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Emergent BioSolutions voluntarily prepays $100M of term loan; total debt reduced by $275M since 2023
Voluntary prepayment of $100M on term loan using cash on hand in late December 2025.
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Emergent BioSolutions receives FDA approval for raxibacumab manufacturing at Winnipeg site
FDA approved sBLA for Winnipeg as drug product manufacturing and testing site for raxibacumab.
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Emergent Q3 revenue $231.1M beats guidance; raises FY2025 revenue & EBITDA view
Total revenue $231.1M (above Q3 guidance high by $21M); net income $51.2M ($0.91 EPS).
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Emergent gets $56M ACAM2000 contract modification; 2025 sales projected >$120M
Contract Modification No. 14 valued at $56M; deliveries to U.S. government by Dec 31, 2025.
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Emergent BioSolutions awarded $30M BARDA contract modification for CYFENDUS anthrax vaccine
Modification No. 20 valued at $30M for additional doses of CYFENDUS (Anthrax Vaccine Adsorbed, Adjuvanted).
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Emergent BioSolutions Q2 revenue $140.9M, beats guidance; raises FY profitability outlook
Q2 revenue $140.9M (above Q2 guidance by $21M); net loss improved to $12.0M from $283.1M loss a year ago.
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Emergent BioSolutions secures $62.4M contract modification from ASPR for botulism antitoxin BAT
Modification and option exercise valued at $62.4 million under existing 10-year ASPR contract (75A50119C00075).
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Court grants preliminary approval of $15M derivative suit settlement; final hearing Aug 6
Settlement covers five derivative actions alleging breach of fiduciary duty over Bayview vaccine manufacturing failures.
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Emergent BioSolutions Q1 net income surges 656% to $68M; revenue down 26% to $222.2M
Total revenues $222.2M, down 26% YoY; driven by 62% drop in NARCAN sales to $45.3M.
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Emergent closes sale of Baltimore-Bayview facility to Syngene for ~$36.5M
Sale closed on March 19, 2025; Emergent received ~$36.5M at closing, subject to post-closing adjustments.
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Emergent BioSolutions sells Baltimore-Bayview manufacturing site to Syngene for $36.5M
Sale of Bayview drug substance manufacturing facility to Syngene Intl for ~$36.5M; closing expected Q1 2025.
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Emergent BioSolutions Q4 loss narrows 37% to $31.3M; FY24 revenue $1.04B; guides FY25 EBITDA $150-200M
Q4 2024 total revenue $194.7M, down 30% YoY; net loss $31.3M vs. $49.5M loss in Q4 2023.
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Emergent gains exclusive U.S./Canada commercial rights to Hikma's KLOXXADO 8 mg naloxone spray
Six-year agreement gives Emergent exclusive rights to market and distribute KLOXXADO (naloxone HCl) 8 mg nasal spray in U.S. and Canada.
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Emergent receives $50M BARDA CYFENDUS option and $20M DoD BioThrax option
BARDA awarded $50M option for CYFENDUS (Anthrax Vaccine Adsorbed, Adjuvanted); deliveries through April 2025.
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Emergent BioSolutions Q3 2024 revenue $293.8M (+9% YoY), net income $114.8M, raises FY2024 guidance
Q3 2024 total revenues $293.8M, up 9% year-over-year; net income $114.8M vs loss of $263.4M in Q3 2023.
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Emergent BioSolutions closes $100M ABL credit facility, reports $150M cash balance
New asset-based revolving loan facility of up to $100M, maturing September 2029.
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Emergent BioSolutions closes $250M term loan with Oak Hill Advisors; extends maturity to 2029
$250M term loan drawn in full, matures August 2029; used to repay existing senior term loan due May 2025 and terminate revolver.
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Emergent BioSolutions gets FDA approval for ACAM2000 mpox indication
FDA approved sBLA for ACAM2000 to prevent mpox in high-risk individuals based on animal study safety/efficacy data.
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Emergent BioSolutions Q2 revenue $254.7M, net loss $283.1M; updates FY2024 guidance
Q2 revenue $254.7M (above guidance); net loss $283.1M ($5.38/diluted), adjusted EBITDA -$10.1M.
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Emergent BioSolutions sells RSDL decontamination kit to SERB for $75M
Cash purchase price of $75M at closing; additional $5M milestone payment for component sourcing.
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Emergent settles Janssen COVID vaccine manufacturing dispute; receives $50M
Janssen will pay Emergent $50M by July 31, 2024 under settlement agreement.
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Emergent secures $250M+ in U.S. gov't contracts for smallpox, anthrax, botulism meds
Modification 12 for ACAM2000 smallpox vaccine valued at $99.9M; delivery by Sept 30, 2024.
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Emergent BioSolutions sells Baltimore-Camden facility to Bora for $30M
Sale of drug product facility to Bora Pharmaceuticals affiliate for total value of ~$30 million.
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Emergent BioSolutions approves 2.1M share increase to stock plan; reports NARCAN OTC launch, DoD contracts
Stockholders approved 2.1M share increase to stock incentive plan; full-value awards now count one-for-one.
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Emergent BioSolutions to cut ~300 jobs, close two facilities, targeting $80M annual savings
Reduces workforce by ~300 employees and eliminates ~85 vacant positions across all areas.
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Emergent Q1 rev $300M, net income $9M; raises FY2024 adj EBITDA guidance to $125-175M
Q1 2024 total revenues $300.4M (up 83% YoY), net income $9.0M vs loss of $186.2M last year.
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Emergent BioSolutions amends credit facility; revolver cut to $270M, interest margins raised
Revolving commitments reduce to $270M through July 30, then $225M, and $200M after Oct 31, 2024.
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Emergent BioSolutions awards $1.45M in additional retention bonuses to four top executives
CFO Richard Lindahl receives $399,753; GC Jennifer Fox $380,250; EVP Quality Coleen Glessner $373,761; SVP Products Paul Williams $292,501.