Alkermes plc reported first quarter 2025 revenues of $306.5 million and GAAP net income of $22.5 million, with diluted GAAP earnings per share of $0.13. The company reiterated its 2025 financial expectations and highlighted progress in its ALKS 2680 development program.
Total revenues for Q1 2025 were $306.5 million.
GAAP net income for Q1 2025 was $22.5 million, resulting in diluted GAAP EPS of $0.13.
Proprietary net sales increased to $244.5 million in Q1 2025 compared to $233.5 million in Q1 2024.
The company completed enrollment in the Vibrance-1 phase 2 study for ALKS 2680 and expects topline results early in Q3 2025.
Alkermes reiterated its full-year 2025 financial expectations as previously set forth on February 12, 2025.