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Amneal reported a 1% increase in net revenue to $617 million for Q4 2023. However, the company experienced a GAAP net loss of $99 million, and an adjusted diluted EPS of $0.14.
Net revenue increased by 1% to $617 million compared to Q4 2022.
GAAP net loss was $99 million, compared to a net loss of $4 million in Q4 2022.
Adjusted EBITDA decreased by 8% to $142 million compared to Q4 2022.
Adjusted diluted EPS was $0.14, a decrease of 39% from Q4 2022.
Amneal provides 2024 financial guidance of $2.55 to $2.65 billion in net revenue and $580 to $620 million in Adjusted EBITDA.
Visualization of income flow from segment revenue to net income