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Friday, May 9, 2025

ANI Pharmaceuticals Reports Record First Quarter 2025 Financial Results and Raises 2025 Guidance

 

  • Generated record quarterly net revenues of $197.1 million, representing year-over-year growth of 43.4%
  • Total Rare Disease quarterly net revenues of $69.0 million, which includes:
    • Purified Cortrophin® Gel net revenues of $52.9 million, an increase of 43.1% year-over-year, and
    • ILUVIEN® and YUTIQ® net revenues of $16.1 million
  • Record Generics net revenues of $98.7 million, an increase of 40.5% year-over-year
  • Delivered record quarterly adjusted non-GAAP EBITDA of $50.7 million, an increase of 34.9% year-over-year
  • Diluted GAAP income per share of $0.69 and record adjusted non-GAAP diluted earnings per share of $1.70
  • Increased 2025 guidance with expected net revenues of $768.0 million to $793.0 million, adjusted non-GAAP EBITDA of $195.0 million to $205.0 million, and adjusted non-GAAP diluted earnings per share of $6.27 to $6.62
  • Rare Disease net revenues expected to represent 47% to 48% of total Company net revenues in 2025, including:
    • Purified Cortrophin Gel net revenues of $265.0 million to $274.0 million, representing year-over-year growth of 33.8% to 38.3%, and
    • ILUVIEN and YUTIQ net revenues of $97.0 million to $103.0 million

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