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Dec 31, 2024
Heron Therapeutics Q4 2024 Earnings Report
Reported positive net income and revenue growth, driven by ZYNRELEF and strategic partnerships.
Key Takeaways
Heron Therapeutics reported a successful Q4 2024, achieving GAAP net income of $3.6 million. Full-year 2024 net revenue reached $144.2 million, a 14% increase year-over-year. The company is focused on expanding ZYNRELEF's market reach and indications, supported by strategic partnerships and regulatory approvals.
Achieved Q4 2024 GAAP Net Income of $3.6 million.
Full-year 2024 Net Revenue reached $144.2 million, up 14% year-over-year.
Full-year 2024 adjusted EBITDA was $8.6 million.
ZYNRELEF Q4 2024 Net Revenue was $8.5 million, with the ZYNRELEF Vial Access Needle (VAN) launched in December 2024.
Revenue by Segment
Forward Guidance
Heron Therapeutics provided full-year 2025 guidance for net revenue between $153.0 million and $163.0 million, and adjusted EBITDA between $0.0 million and $8.0 million.
Positive Outlook
- Net Revenue between $153.0 million and $163.0 million
- Adjusted EBITDA between $0.0 million and $8.0 million
- Partnership with Crosslink Network, LLC expands the promotional effort for ZYNRELEF.
- Expanded label indications for ZYNRELEF now cover an estimated 17 million annual targeted procedures.
- ZYNRELEF will continue to receive separate payment from April 1, 2025, until at least the end of 2027.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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