Jun 30, 2021

Lantheus Q2 2021 Earnings Report

Reported a revenue increase driven by PYLARIFY approval and DEFINITY performance exceeding pre-COVID-19 levels.

Key Takeaways

Lantheus Holdings, Inc. reported a worldwide revenue of $101.1 million for Q2 2021, a 53.1% increase compared to the prior year period. The company's GAAP net loss was $26.7 million, or $0.39 per fully diluted share, while adjusted fully diluted EPS was $0.11. Net cash from operating activities was $25.9 million, and free cash flow was $23.2 million.

Worldwide revenue increased by 53.1% to $101.1 million compared to Q2 2020.

GAAP net loss was $26.7 million, or $0.39 per fully diluted share.

Adjusted fully diluted EPS increased by 8.1% to $0.11 compared to Q2 2020.

Free cash flow was $23.2 million, an increase of approximately $27.6 million from the prior year period.

Total Revenue
$101M
Previous year: $66M
+53.1%
EPS
$0.11
Previous year: $0.1
+10.0%
Free Cash Flow Increase
23,200,000%
Gross Profit
$46.1M
Previous year: $25.8M
+78.3%
Cash and Equivalents
$91.5M
Previous year: $90.3M
+1.3%
Free Cash Flow
$23.2M
Previous year: -$4.41M
-626.0%
Total Assets
$858M
Previous year: $880M
-2.5%

Lantheus

Lantheus

Lantheus Revenue by Segment

Forward Guidance

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