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ANI Pharmaceuticals Reports Record Fourth Quarter and Full-Year 2024 Financial Results and Raises 2025 Guidance
Newsfilter· 2025-02-28 11:50
Core Insights - ANI Pharmaceuticals reported strong financial results for Q4 and full year 2024, exceeding previous guidance in total net revenues, adjusted non-GAAP EBITDA, and adjusted non-GAAP diluted EPS [2][9][12] - The company raised its 2025 guidance for total net revenues and adjusted non-GAAP EBITDA, reflecting confidence in continued growth, particularly in its Rare Disease and Generics segments [2][21] Financial Performance - Total net revenues for Q4 2024 reached $190.6 million, a 44.8% increase year-over-year, with organic growth of 23.8% excluding the Alimera acquisition [12][9] - Rare Disease segment revenues increased 108.5% to $87.0 million, driven by Cortrophin Gel sales of $59.4 million, up 42.3% year-over-year [13][11] - Generics revenues grew 9.4% to $78.6 million, supported by strong R&D capabilities and five new product launches in the quarter [8][14] Segment Highlights - Cortrophin Gel continues to show strong growth, with increasing demand across multiple specialties and a significant number of new patient starts [3][4] - The acquisition of Alimera Sciences contributed $27.6 million in revenues from ILUVIEN and YUTIQ in their first full quarter of ownership [5][13] - Brand revenues increased 58.9% to $19.8 million, driven by sustained demand for certain products [7][11] Guidance and Future Outlook - For 2025, the company expects total net revenues between $756 million and $776 million, with adjusted non-GAAP EBITDA projected at $190 million to $200 million [21][22] - Cortrophin Gel net revenues are anticipated to be between $265 million and $274 million, reflecting year-over-year growth of 33.8% to 38.3% [21][9] - The company plans to expand the market for ILUVIEN by seeking FDA approval for additional indications [6][5] Operational Metrics - Adjusted non-GAAP EBITDA for Q4 2024 was $50.0 million, a 65.7% increase from the previous year [19][9] - The company reported a diluted GAAP loss per share of $(0.55) but an adjusted non-GAAP diluted EPS of $1.63, up from $1.00 in the prior year [18][9] - As of December 31, 2024, ANI had $144.9 million in unrestricted cash and cash equivalents, with total assets of $1.28 billion [20][49]
ANI Pharmaceuticals to Present at Raymond James’ Institutional Investors and Leerink Partners Global Healthcare Conferences in March
Globenewswire· 2025-02-19 21:30
Core Viewpoint - ANI Pharmaceuticals, Inc. is actively engaging with investors through upcoming presentations at two major conferences, highlighting its commitment to transparency and investor relations [1][4]. Company Overview - ANI Pharmaceuticals, Inc. is a diversified biopharmaceutical company focused on developing, manufacturing, and commercializing innovative therapeutics aimed at improving patient lives [2]. - The company operates in three main segments: Rare Disease, Generics, and Established Brands, with a strong emphasis on sustainable growth [2]. Upcoming Events - ANI Pharmaceuticals will present at the Raymond James & Associates' 46th Annual Institutional Investors Conference on March 4, 2025, at 1:40 PM ET [4]. - The company will also participate in the Leerink Partners Global Healthcare Conference on March 11, 2025, at 3:40 PM ET [4].
ANI Pharmaceuticals to Present at Raymond James' Institutional Investors and Leerink Partners Global Healthcare Conferences in March
Newsfilter· 2025-02-19 21:30
Company Overview - ANI Pharmaceuticals, Inc. is a diversified biopharmaceutical company focused on developing, manufacturing, and commercializing innovative and high-quality therapeutics [2] - The company aims to deliver sustainable growth through its Rare Disease business, Generics business, and Established Brands business [2] Upcoming Events - Nikhil Lalwani, President and CEO, along with senior management, will present at the Raymond James & Associates' 46th Annual Institutional Investors Conference on March 4, 2025, at 1:40 PM ET [4] - The company will also participate in the Leerink Partners Global Healthcare Conference on March 11, 2025, at 3:40 PM ET [4] - Live and archived webcasts of these presentations will be available on the company's website for 90 days [1]
ANI Pharmaceuticals to Discuss Fourth Quarter and Full Year 2024 Financial Results on February 28, 2025, at 8:00 a.m. ET
Globenewswire· 2025-02-18 21:05
Core Insights - ANI Pharmaceuticals, Inc. will release its fourth quarter and full year 2024 financial results on February 28, 2025, before the market opens [1] - A conference call will be hosted by key executives to discuss the results, scheduled for 8:00 a.m. ET on the same day [1] Company Overview - ANI Pharmaceuticals is a diversified biopharmaceutical company focused on developing, manufacturing, and commercializing innovative therapeutics [2] - The company aims for sustainable growth through its Rare Disease business, Generics business, and Established Brands business [2] - The Rare Disease business targets areas such as ophthalmology, rheumatology, nephrology, neurology, and pulmonology [2]
Are Medical Stocks Lagging ANI Pharmaceuticals (ANIP) This Year?
ZACKS· 2025-02-17 15:41
Group 1 - ANI Pharmaceuticals is part of the Medical sector, which includes 1010 companies and is currently ranked 2 in the Zacks Sector Rank [2] - The Zacks Rank system indicates that ANI Pharmaceuticals has a Zacks Rank of 2 (Buy), suggesting a favorable outlook for the stock [3] - Over the past 90 days, the Zacks Consensus Estimate for ANI Pharmaceuticals' full-year earnings has increased by 0.1%, indicating improved analyst sentiment [4] Group 2 - Year-to-date, ANI Pharmaceuticals has returned approximately 6.6%, outperforming the Medical sector average return of 4.4% [4] - ANI Pharmaceuticals is categorized under the Medical - Biomedical and Genetics industry, which consists of 510 companies and is currently ranked 69 in the Zacks Industry Rank [6] - Stocks in the Medical - Biomedical and Genetics industry have gained about 12.6% year-to-date, indicating that ANI Pharmaceuticals is slightly underperforming its industry [6] Group 3 - Another notable stock in the Medical sector is Doximity, which has returned 44.4% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5] - Doximity belongs to the Medical Services industry, which has 59 stocks and is currently ranked 142, with an industry return of +4.3% year-to-date [7]
ANI Pharmaceuticals: More Than Just A Generics Company
Seeking Alpha· 2025-02-11 14:08
Core Insights - ANI Pharmaceuticals is positioned uniquely in the pharmaceutical sector, focusing on generics, rare disease treatments, and contract manufacturing, distinguishing itself from both high-risk biotech firms and large-cap drugmakers [1] Company Overview - ANI Pharmaceuticals operates in a niche market, emphasizing generics and treatments for rare diseases, which allows it to maintain a stable business model [1] Investment Perspective - The company appeals to investors who are interested in a balance between high-growth potential and stability, as it does not fit neatly into the categories of high-risk biotech or large pharmaceutical companies [1]
Is ANI Pharmaceuticals (ANIP) Stock Undervalued Right Now?
ZACKS· 2025-01-31 15:46
Core Insights - The article emphasizes the importance of the Zacks Rank and Style Scores system in identifying strong stocks, particularly for value investors [1][3] - Value investing is highlighted as a preferred strategy for finding undervalued stocks across various market conditions [2] Company Analysis: ANI Pharmaceuticals (ANIP) - ANI Pharmaceuticals currently holds a Zacks Rank of 2 (Buy) and an A grade for Value, indicating it is a high-quality value stock [3] - The company's price-to-book (P/B) ratio is 3.07, which is favorable compared to the industry average of 3.56, with a 12-month range of 2.51 to 3.30 [4] - ANI Pharmaceuticals has a price-to-sales (P/S) ratio of 2.25, significantly lower than the industry average of 6.33, suggesting it may be undervalued [5] - Overall, ANI Pharmaceuticals is positioned as an impressive value stock, supported by a strong earnings outlook [6]
ANI Pharmaceuticals to Present at the Guggenheim Biotech Conference
GlobeNewswire News Room· 2025-01-28 21:30
Company Overview - ANI Pharmaceuticals, Inc. is a diversified biopharmaceutical company focused on developing, manufacturing, and commercializing innovative and high-quality therapeutics [2] - The company aims to deliver sustainable growth through its Rare Disease business, Generics business, and Established Brands business [2] Upcoming Event - Nikhil Lalwani, President and CEO, and Stephen Carey, CFO, will host a fireside chat at the Guggenheim Biotech Conference in New York City on February 5, 2025, at 2:00 PM EST [1] - The event will be available via live and archived webcast on the company's website for 60 days [1]
Is ANI Pharmaceuticals (ANIP) a Great Value Stock Right Now?
ZACKS· 2025-01-15 15:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...
Alcami Announces CEO Transition
Prnewswire· 2025-01-13 16:12
Company Leadership Changes - Patrick Walsh, the Chairman of the Board and former CEO of Alcami, has been appointed as Interim CEO following the resignation of Bill Humphries [2] - Patrick Walsh has previously served as CEO of Alcami on two occasions and has been Chairman for the past four years [1] - Patrick Walsh also holds leadership positions at ANI Pharmaceuticals, MedPharm, and is an Operating Partner at Ampersand Capital Partners [1] Company Overview - Alcami is a US-based contract development and manufacturing organization (CDMO) with over 45 years of experience in pharmaceuticals and biologics [3] - The company offers integrated lab services, drug product manufacturing, and cGMP pharma storage and support services, including environmental monitoring, calibration, and validation [3] - Alcami is privately owned by GHO Capital, The Vistria Group, and Ampersand Capital Partners [3] Leadership Transition Commentary - Patrick Walsh expressed gratitude to Bill Humphries for his leadership over the past two years, particularly during a period of facilities expansion and global supply chain realignment [4] - Bill Humphries was recognized for his strong advocacy for clients and his contributions to the organization [4]