Dec 31, 2019

Lantheus Q4 2019 Earnings Report

Lantheus Holdings reported financial results with revenue increase and net income decrease compared to the prior year period.

Key Takeaways

Lantheus Holdings, Inc. reported a 3.6% increase in worldwide revenue for the fourth quarter of 2019, totaling $89.3 million. Net income for the quarter was $10.5 million, a decrease of 21.4% compared to the same period in 2018. Adjusted fully diluted earnings per share were $0.34, representing a 19.0% increase over the prior year period. The company provided first quarter and full year 2020 revenue and adjusted fully diluted earnings per share guidance.

Worldwide revenue increased by 3.6% to $89.3 million.

Net income decreased by 21.4% to $10.5 million.

GAAP fully diluted EPS decreased by 22.6% to $0.26.

Adjusted fully diluted EPS increased by 19.0% to $0.34.

Total Revenue
$89.3M
Previous year: $86.3M
+3.6%
EPS
$0.34
Previous year: $0.29
+17.2%
Free Cash Flow Increase
77.9%
Previous year: 9.94%
+683.7%
Gross Profit
$44.6M
Previous year: $43.8M
+1.6%
Cash and Equivalents
$92.9M
Previous year: $113M
-18.1%
Free Cash Flow
$17.7M
Total Assets
$406M
Previous year: $440M
-7.7%

Lantheus

Lantheus

Lantheus Revenue by Segment

Forward Guidance

The Company provides first quarter and full year 2020 revenue and adjusted fully diluted earnings per share guidance.

Positive Outlook

  • Q1 FY 2020 Revenue Growth 2.9% - 5.2%
  • Q1 FY 2020 Revenue $89 million - $91 million
  • Q1 FY 2020 Adjusted Fully Diluted EPS $0.25 - $0.27
  • FY 2020 Revenue Growth 10.6% - 12.3%
  • FY 2020 Revenue $384 million - $390 million

Revenue & Expenses

Visualization of income flow from segment revenue to net income