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Friday, April 29, 2022

Lantheus sets above-view guidance

 

  • Worldwide revenue of $208.9 million for the first quarter 2022, representing an increase of 125.8% from the prior year period

  • GAAP net income of $43.0 million for the first quarter 2022, compared to GAAP net income of $9.0 million in the prior year period

  • GAAP fully diluted net income of $0.61 for the first quarter 2022, compared to GAAP fully diluted net income of $0.13 in the prior year period; adjusted fully diluted EPS of $0.97 for the first quarter 2022, compared to adjusted fully diluted EPS of $0.05 in the prior year period

  • Net cash provided by operating activities was $10.3 million for the first quarter 2022. Free cash flow was $7.1 million in the first quarter 2022

  • The Company provides second quarter 2022 revenue and adjusted diluted earnings per share guidance; increases full year guidance

The Company updates its guidance for full year 2022 and offers the following guidance for the second quarter:

Q2 Guidance Issued April 29, 2022

Previous Guidance Issued February 24, 2022

Q2 FY 2022 Revenue

$200 million - $215 million

N/A

Q2 FY 2022 Adjusted Fully Diluted EPS

$0.67 - $0.73

N/A

FY Guidance Updated April 29, 2022

FY Guidance Issued February 24, 2022

FY 2022 Revenue

$800 million - $835 million

$685 million - $710 million

FY 2022 Adjusted Fully Diluted EPS

$2.90 - $3.15

$1.95 - $2.05


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