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Sep 30, 2024
Alkermes Q3 2024 Earnings Report
Reported strong year-over-year growth of proprietary commercial products and reiterated 2024 financial expectations.
Key Takeaways
Alkermes reported third-quarter revenues of $378.1 million, with net sales of proprietary products increasing approximately 18% year-over-year. GAAP net income from continuing operations was $92.8 million, with diluted GAAP earnings per share from continuing operations of $0.56. The company reiterated its 2024 financial expectations.
Third quarter revenues reached $378.1 million.
Net sales of proprietary products increased approximately 18% year-over-year.
GAAP net income from continuing operations was $92.8 million, with diluted GAAP earnings per share of $0.56.
Company reiterated its 2024 financial expectations.
Revenue by Segment
Forward Guidance
Alkermes reiterated its financial expectations for 2024, as set forth in its press release dated Feb. 15, 2024.
Revenue & Expenses
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Historical Earnings Impact
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Avg. Return Before/After Earnings
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