Alkermes Q1 2021 Earnings Report
Key Takeaways
Alkermes reported first quarter revenues of $251.4 million, reflecting solid performance of VIVITROL and ARISTADA. The company achieved a GAAP loss per share of $0.14 and non-GAAP earnings per share of $0.11. They reiterated their financial expectations for 2021.
Total revenues for the quarter were $251.4 million.
Net sales of VIVITROL were $74.5 million, representing a decrease of approximately 5% compared to the same period in the prior year.
Net sales of ARISTADA were $55.4 million, representing an increase of approximately 9% compared to the same period in the prior year.
Non-GAAP net income was $17.8 million for the quarter, or a non-GAAP basic and diluted earnings per share of $0.11.
Alkermes
Alkermes
Alkermes Revenue by Segment
Forward Guidance
Alkermes reiterates its financial expectations for 2021, and the assumptions underlying such expectations, as set forth in its press release dated Feb. 11, 2021.