Alkermes Reaffirms 2026 Financial Outlook
Bitget2026/11/04 16:28- Alkermes reaffirmed its 2026 financial outlook, with proprietary product net sales expected to reach nearly $1.6 billion.
- Fourth-quarter proprietary product net sales are forecast at $400 million to $420 million.
- Third-quarter proprietary product net sales rose 31% to $417.3 million, reflecting LUMRYZ's addition and continued demand growth.
- For 2027, lower cost of goods sold is expected as acquisition-related LUMRYZ inventory accounting charges largely fall away.
- Strong cash generation and adjusted EBITDA performance are projected despite continued pipeline investment; full guidance is due in February.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"No-drill dental filling" company vVardis (VVVV.US) launches a $214 million US IPO, scheduled to be priced this week.
Dental treatment company vVardis has announced the terms for its $214 million US IPO.
Wegovy improves multiple liver indicators in non-obese liver disease patients, and Novo Nordisk (NVO.US) is expected to expand its market beyond weight loss
Novo Nordisk reports that some patients treated with Wegovy have shown improvements in liver conditions.
CoreWeave (CRWV.US) Faces Key Earnings Test: AI Cloud Debt Concerns Intensify as "Burning Cash for Growth" Model Faces Scrutiny
CoreWeave will release its third-quarter financial report. Whether it can demonstrate that its rapid revenue growth is sufficient to cover the rising financing costs and construction expenditures will directly determine the direction of market confidence.
Crypto prices
More
