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Dec 31, 2023
Alkermes Q4 2023 Earnings Report
Alkermes reported financial results for the fourth quarter and year ended December 31, 2023, and provided financial expectations for 2024.
Key Takeaways
Alkermes reported Q4 2023 financial results, with total revenues of $377.5 million. The company's proprietary product net sales increased year-over-year. GAAP net income for the quarter was $112.8 million. The company provided financial expectations for 2024, including generating a 30% EBITDA margin.
Total revenues for Q4 2023 were $377.5 million.
GAAP net income for Q4 2023 was $112.8 million.
The company expects to generate a 30% EBITDA margin in 2024.
LYBALVI revenues for the fourth quarter grew 61% compared to Q4 2022.
Alkermes
Alkermes
Alkermes Revenue by Segment
Forward Guidance
Alkermes provided financial expectations for 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income