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Jun 30, 2024
Assertio Q2 2024 Earnings Report
Reported financial results for the second quarter ended June 30, 2024.
Key Takeaways
Assertio Holdings reported second quarter net product sales of $30.7 million. Rolvedon's growth continued with $15.1 million in net product sales. The company generated $7.4 million in cash flow from operations, and cash and short-term investments increased to $88.4 million.
Total net product sales were $30.7 million.
Rolvedon net product sales increased to $15.1 million.
Indocin net product sales were $6.9 million.
Cash, cash equivalents and short-term investments increased to $88.4 million.
Assertio
Assertio
Assertio Revenue by Segment
Revenue by Segment
Net Product Sales Revenue
CapyFin.comRoyalty Revenue
CapyFin.comRolvedon Net Product Sales Revenue
CapyFin.comSympazan Net Product Sales Revenue
CapyFin.comIndocin Net Product Sales Revenue
CapyFin.com Forward Guidance
Assertio reiterated its 2024 operating guidance as announced on March 11, 2024.
Positive Outlook
- Net Product Sales (GAAP) $110.0 Million to $125.0 Million
- Adjusted EBITDA (Non-GAAP) $20.0 Million to $30.0 Million
Revenue & Expenses
Visualization of income flow from segment revenue to net income