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Mar 31, 2021
Lantheus Q1 2021 Earnings Report
Reported a solid first quarter with revenue and earnings overperformance, driven mainly by DEFINITY volume.
Key Takeaways
Lantheus Holdings, Inc. reported a 2.0% increase in worldwide revenue, reaching $92.5 million for Q1 2021. Net income increased to $9.0 million, with GAAP EPS at $0.13. Free cash flow was $7.3 million for the quarter.
Worldwide revenue increased by 2.0% to $92.5 million.
Net income increased to $9.0 million, compared to $3.3 million in the prior year period.
GAAP EPS was $0.13, while adjusted EPS was $0.05.
Free cash flow was $7.3 million, an increase of approximately $0.6 million from the prior year period.
Lantheus
Lantheus
Forward Guidance
The Company updates its guidance for full year 2021 and offers the following guidance for the second quarter.