Alkermes Q4 2020 Earnings Report
Key Takeaways
Alkermes reported Q4 2020 revenues of $280.0 million and a GAAP net loss of $42.6 million, or a loss per share of $0.27. Non-GAAP net income was $16.5 million, or earnings per share of $0.10.
Total revenues for the quarter were $280.0 million.
GAAP net loss was $42.6 million for the quarter, or a basic and diluted GAAP loss per share of $0.27.
Non-GAAP net income was $16.5 million for the quarter, or a non-GAAP basic and diluted earnings per share of $0.10.
At Dec. 31, 2020, Alkermes recorded cash, cash equivalents and total investments of $659.8 million.
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Alkermes Revenue by Segment
Forward Guidance
Financial expectations for 2021 reflect anticipated growth of proprietary products and investment in strategic priorities for long-term value creation.
Revenue & Expenses
Visualization of income flow from segment revenue to net income