ANI Pharmaceuticals reported record financial results for the first quarter of 2025, including record net revenues, adjusted EBITDA, and adjusted EPS. Performance was driven by strong demand for Cortrophin Gel and exceptional growth in the Generics business, leading the company to raise its full-year 2025 guidance.
Achieved record quarterly net revenues of $197.1 million, representing year-over-year growth of 43.4%.
Delivered record quarterly adjusted non-GAAP EBITDA of $50.7 million, an increase of 34.9% year-over-year.
Reported record adjusted non-GAAP diluted earnings per share of $1.70.
Cortrophin Gel net revenues increased by 43.1% to $52.9 million, driven by increased volume.
Generics net revenues increased by 40.5% year-over-year to $98.7 million, driven by new product launches and base business execution.
ANI Pharmaceuticals increased its full-year 2025 guidance for net revenues, adjusted non-GAAP EBITDA, and adjusted non-GAAP diluted earnings per share.
Visualization of income flow from segment revenue to net income