Supernus ups guidance after Q3 results

 Full Year 2021 Financial Guidance

For full year 2021, the Company increases its financial guidance for operating earnings, lowers its financial guidance for total combined R&D and SG&A expenses, and lowers the top end of its financial guidance range for total revenues as set forth below:

	Full Year 2021 Guidance (excluding Adamas-related transaction costs) ($ in millions)
	Current			Prior
Total revenues (1)	$550 - $570			$550 - $580
Combined R&D and SG&A expenses	$370 - $400			$380 - $410
Operating earnings (2)	$90 - $95			$70 - $90
Amortization of intangible assets	$24			$24
Effective tax rate (3)	28% - 31%			28% - 31%

___________________________________________
⁽¹⁾ Total revenues include net product sales and royalty revenue. Includes $10 million for Qelbree net product sales.
⁽²⁾ Operating earnings include amortization of intangible assets and contingent consideration expense (gain).
⁽³⁾ The full year 2021 effective tax rate guidance of 28% - 31% is above the normally expected range of 26% - 28% primarily due to the effect of a one-time tax item in the period.

Conference Call Details

Supernus will host a conference call and webcast today, November 3, 2021, at 4:30 p.m. Eastern Time to discuss these results.

Please refer to the information below for conference call dial-in information and webcast registration. Callers should dial in approximately 10 minutes prior to the start of the call.

Conference dial-in:	(877) 288-1043
International dial-in:	(970) 315-0267
Conference ID:	7595459
Conference Call Name:	Supernus Pharmaceuticals Third Quarter 2021 Results Conference Call

Following the live call, a replay will be available on the Company's website, www.supernus.com, under “Investor Relations”.

https://www.biospace.com/article/releases/supernus-announces-third-quarter-2021-financial-results/