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Jun 30, 2021

Arrowhead Pharmaceuticals Q3 2021 Earnings Report

Arrowhead Pharmaceuticals reported financial results for the fiscal third quarter ended June 30, 2021.

Key Takeaways

Arrowhead Pharmaceuticals reported revenue of $45.891 million and a net loss of $29.924 million for the fiscal third quarter ended June 30, 2021.

Received Breakthrough Therapy designation from the U.S. Food and Drug Administration for ARO-AAT.

Presented additional positive interim 48-week liver biopsy results from the ongoing AROAAT2002 study.

Announced a global collaboration and license agreement with Horizon Therapeutics for ARO-XDH.

Earned a $10 million option exercise fee from Janssen Pharmaceuticals, Inc. for ARO-JNJ1.

Total Revenue
$45.9M
Previous year: $27.4M
+67.6%
EPS
-$0.29
Previous year: -$0.13
+123.1%
Gross Profit
$45.9M
Previous year: $27.4M
+67.6%
Cash and Equivalents
$326M
Previous year: $219M
+48.6%
Free Cash Flow
-$33.5M
Previous year: -$35.6M
-5.7%
Total Assets
$735M
Previous year: $556M
+32.2%

Arrowhead Pharmaceuticals

Arrowhead Pharmaceuticals

Forward Guidance

This report does not contain forward guidance.