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Tuesday, August 6, 2024

Supernus ups guidance

 

  • Net sales of Qelbree® increased 92% in the second quarter of 2024, compared to the same period in 2023.

    • $59.4 million and $104.5 million of net sales in the second quarter and first six months of 2024, respectively.
  • Net sales of GOCOVRI® increased 10% in the second quarter of 2024, compared to the same period in 2023.

    • $31.7 million and $58.3 million of net sales in the second quarter and first six months of 2024, respectively.
  • Total revenues were $168.3 million in the second quarter of 2024, an increase of 24% compared to the same period in 2023.

    • Total revenues excluding Trokendi XR® and Oxtellar XR® net product sales (non-GAAP)(1) increased 32% in the second quarter of 2024, compared to the same period in 2023.
  • Operating income of $22.6 million and $19.4 million in the second quarter and first six months of 2024.
  • Adjusted operating earnings (non-GAAP)(1) was $45.5 million and $67.7 million in the second quarter and first six months of 2024, respectively, compared to $10.0 million and $40.5 million in the same periods in 2023.
  • Raising full year 2024 guidance for total revenues and operating earnings (GAAP and Non-GAAP).

Conference Call Details

Supernus will host a conference call and webcast today, August 6, 2024, at 4:30 p.m. Eastern Time to discuss these results. A live webcast will be available in the Events & Presentations section of the Company’s Investor Relations website www.supernus.com/Investors.

Participants may also pre-register any time before the call here. Once registration is completed, participants will be provided a dial-in number with a personalized conference code to access the call. Please dial in 15 minutes prior to the start time.

Following the live call, a replay will be available on the Company's Investor Relations website www.supernus.com/Investors. The webcast will be available on the Company’s website for 60 days following the live call.

https://www.globenewswire.com/news-release/2024/08/06/2925489/19871/en/Supernus-Announces-Second-Quarter-2024-Financial-Results.html


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