Sep 30, 2020

Esperion Q3 2020 Earnings Report

Esperion reported financial results for Q3 2020 and provided a business update.

Key Takeaways

Esperion's Q3 2020 total revenue was $3.8 million, including $3.3 million from net product sales and $0.5 million from partner reimbursement. The company's net loss was $85.4 million, or $3.07 per share.

Quarter-over-quarter script growth exceeded 500 percent for NEXLETOL and NEXLIZET.

U.S. product revenue increased five-fold during the third quarter.

Daiichi Sankyo Europe launched NILEMDO and NUSTENDI in Germany.

NEXLETOL and NEXLIZET are now included in the American Association for Clinical Endocrinologists’ updated lipid guidelines.

Total Revenue
$3.83M
Previous year: $981K
+290.7%
EPS
-$3.07
Previous year: -$2.52
+21.8%
Gross Profit
$3.83M
Previous year: $981K
+290.7%
Cash and Equivalents
$216M
Previous year: $212M
+1.8%
Free Cash Flow
-$86.6M
Previous year: -$58.4M
+48.3%
Total Assets
$251M
Previous year: $255M
-1.7%

Esperion

Esperion

Esperion Revenue by Segment

Forward Guidance

Esperion expects that current cash resources, coupled with future revenue from NEXLETOL and NEXLIZET commercial net product sales are sufficient to fund continued operations.

Revenue & Expenses

Visualization of income flow from segment revenue to net income