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.

Total Revenue
$92.5M
Previous year: $90.7M
+2.0%
EPS
$0.05
Previous year: $0.36
-86.1%
Gross Profit
$41M
Previous year: $38M
+8.0%
Cash and Equivalents
$68.9M
Previous year: $95.7M
-28.1%
Free Cash Flow
$7.3M
Previous year: $6.71M
+8.8%
Total Assets
$843M
Previous year: $404M
+108.7%

Lantheus

Lantheus

Lantheus Revenue by Segment

Forward Guidance

The Company updates its guidance for full year 2021 and offers the following guidance for the second quarter.