Mar 31, 2020

Lantheus Q1 2020 Earnings Report

Lantheus's financial performance decreased compared to the prior year period, but adjusted EPS exceeded guidance.

Key Takeaways

Lantheus Holdings, Inc. reported a 4.8% increase in worldwide revenue for Q1 2020, totaling $90.7 million. Net income decreased by 66.5% to $3.3 million, with GAAP diluted EPS down 66.7% to $0.08. However, adjusted diluted EPS increased by 26.1% to $0.36. The company's free cash flow was $6.7 million. Due to the uncertain impact of COVID-19, Lantheus has withdrawn its 2020 guidance.

Worldwide revenue increased by 4.8% year-over-year to $90.7 million.

Net income decreased by 66.5% year-over-year to $3.3 million.

GAAP diluted EPS decreased by 66.7% year-over-year to $0.08.

Adjusted diluted EPS increased by 26.1% year-over-year to $0.36.

Total Revenue
$90.7M
Previous year: $86.5M
+4.8%
EPS
$0.36
Previous year: $0.28
+28.6%
Free Cash Flow Increase
6,710,000%
Previous year: -82%
-8183026.8%
Gross Profit
$38M
Previous year: $44.1M
-13.8%
Cash and Equivalents
$95.7M
Previous year: $112M
-14.6%
Free Cash Flow
$6.71M
Total Assets
$404M
Previous year: $444M
-9.0%

Lantheus

Lantheus

Lantheus Revenue by Segment

Lantheus Revenue by Geographic Location

Forward Guidance

Due to the continued uncertainties surrounding the scope and duration of the COVID-19 pandemic, the Company withdrew full year 2020 revenue, revenue growth, and adjusted fully diluted earnings per share guidance.