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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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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