Lantheus Q3 2020 Earnings Report
Key Takeaways
Lantheus Holdings, Inc. reported a 3.2% increase in worldwide revenue for Q3 2020, totaling $88.5 million. However, the company experienced a net loss of $6.4 million, or $(0.10) per share, compared to a net income of $4.9 million, or $0.12 per share, in Q3 2019. Adjusted EPS was $0.04, down from $0.28 in the prior year period. Free cash flow for the quarter was $4.8 million.
Worldwide revenue increased by 3.2% year-over-year to $88.5 million.
Net loss was $6.4 million, or $(0.10) per share, compared to a net income of $4.9 million, or $0.12 per share, in the prior year period.
Adjusted diluted EPS decreased to $0.04 from $0.28 in the prior year period.
Free cash flow was $4.8 million, a decrease of approximately $18.3 million from the prior year period.
Lantheus
Lantheus
Lantheus Revenue by Geographic Location
Forward Guidance
Due to the uncertainties surrounding the COVID-19 pandemic, and uncertain timing of global recovery and economic normalization, the Company continues to be unable to provide guidance as to the overall impacts on its operations and financial results during the ongoing pandemic.
Revenue & Expenses
Visualization of income flow from segment revenue to net income