Dec 31, 2022

Lantheus Q4 2022 Earnings Report

Lantheus experienced significant revenue growth and profitability, driven by PYLARIFY's success and strategic portfolio expansion.

Key Takeaways

Lantheus reported a substantial increase in revenue and a return to profitability for Q4 2022. Worldwide revenue increased by 103.1% compared to the prior year period, driven primarily by the strong performance of PYLARIFY. The company achieved an adjusted fully diluted EPS of $1.37, a significant increase from $0.25 in the prior year period.

Worldwide revenue increased by 103.1% to $263.2 million.

GAAP net loss was $119.2 million, or $1.74 per fully diluted share.

Adjusted fully diluted EPS increased to $1.37 from $0.25 in the prior year period.

Free cash flow increased significantly to $100.6 million from $9.3 million in the prior year period.

Total Revenue
$263M
Previous year: $130M
+103.1%
EPS
$1.37
Previous year: $0.25
+448.0%
Gross Profit
$167M
Previous year: $57.9M
+188.7%
Cash and Equivalents
$416M
Previous year: $98.5M
+321.9%
Free Cash Flow
$101M
Total Assets
$1.32B
Previous year: $864M
+53.0%

Lantheus

Lantheus

Lantheus Revenue by Segment

Forward Guidance

The Company updates its guidance for the first quarter and full year 2023 is as follows:

Positive Outlook

  • Q1 FY 2023 Revenue $280 million - $285 million
  • Q1 FY 2023 Adjusted Fully Diluted EPS $1.28 - $1.32
  • FY 2023 Revenue $1.140 billion - $1.160 billion
  • FY 2023 Adjusted Fully Diluted EPS $4.95 - $5.10