NASDAQ$ANIP

ANI Pharmaceuticals Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

ANI Pharmaceuticals reported record fourth quarter financial results, driven by strong performance in Rare Disease and Generics segments and the acquisition of Alimera Sciences.

ANI Pharmaceuticals reported record Q4 2024 financial results, with a 44.8% increase in total net revenues to $190.6 million. The company's Rare Disease segment, including Cortrophin Gel, ILUVIEN, and YUTIQ, significantly contributed to this growth. Adjusted non-GAAP EBITDA increased by 65.7% to $50.0 million, and adjusted non-GAAP diluted earnings per share reached $1.63.

  • Total net revenues reached a record $190.6 million, a 44.8% year-over-year increase.
  • Rare Disease segment revenues totaled $87.0 million, including record Cortrophin Gel revenues of $59.4 million.
  • Adjusted non-GAAP EBITDA reached a record $50.0 million, a 65.7% year-over-year increase.
  • The company raised its 2025 guidance for net revenues to $756.0 million - $776.0 million and adjusted non-GAAP EBITDA to $190.0 million - $200.0 million.

Headline financials

Total Revenue

$191M

Previous: $132M+44.8%
EPS (adj)

$1.63

Previous: $1.00+63.0%
Capital Expenditures

-$1.76M

Previous: -$4.78M+63.1%
Net Income

-$10.3M

Previous: $1.16M-989.7%
Operating Income

-$4.38M

Previous: $6.73M-165.1%
Gross Profit

$87.7M

Previous: $63M+39.1%
R&D Expense

$16.6M

Previous: $9.87M+68.7%

Revenue & EPS history

ANI Pharmaceuticals · Revenue · Quarterly

$191M

Q4 2024+44.8%vs Q4 2023
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

ANI Pharmaceuticals · $57.6M total across 2 segments · Q1 2022

  • Generic Products
    $49.1M+48.8%
  • Brands
    $8.5M+13.3%

Forward guidance

ANI Pharmaceuticals raised its full year 2025 guidance, expecting increased net revenues and adjusted non-GAAP EBITDA.

Tailwinds

  • Net Revenue (Total Company) expected between $756 million - $776 million
  • Cortrophin Gel Net Revenue expected between $265 million - $274 million
  • ILUVIEN and YUTIQ Net Revenue expected between $97 million - $103 million
  • Adjusted Non-GAAP EBITDA expected between $190 million - $200 million
  • Adjusted Non-GAAP Diluted EPS expected between $6.12 - $6.49

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

-1.2%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-2.7%

Avg return

30 days after

38%

24 / 64 earnings

Positive

+52.1%

Q3 2021

Best reaction

-24.6%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.4%-3.7%
Q4 2025-3.9%-0.8%-5.6%
Q3 2025+0.4%-3.3%-9.4%
Q1 2025-7.5%-15.6%-13.4%
Q4 2024+13.4%+6.3%+10.7%
Q3 2024+5.8%+2.5%-2.4%
Q2 2024-3.6%-2.1%+2.7%
Q1 2024+2.2%-1.6%+1.3%
Q4 2023+11.4%-0.2%+3.0%
Q3 2023-17.9%-18.8%-23.1%
Q2 2023+8.4%+9.2%+10.7%
Q1 2023+13.5%+6.5%+26.2%
Q4 2022-5.3%-6.0%-11.5%
Q3 2022-5.1%-4.7%+3.2%
Q2 2022-1.8%+8.2%+7.3%
Q1 2022-5.9%+1.3%+6.9%
Q4 2021-24.6%-23.6%-9.8%
Q3 2021+52.1%+33.8%+8.2%
Q2 2021-7.9%-8.5%-11.5%
Q1 2021-6.0%-4.1%-1.8%
Q4 2020+4.1%+6.6%+5.3%
Q3 2020-15.9%-3.5%+4.1%
Q2 2020-2.0%+0.7%-6.0%
Q1 2020-7.0%-12.1%-13.0%
Q4 2019-19.1%-8.1%-41.2%
Q3 2019-22.2%-27.3%-24.7%
Q2 2019-10.8%-13.7%-21.0%
Q1 2019+3.1%-1.7%-0.3%
Q4 2018+7.7%+0.1%+8.6%
Q3 2018+7.2%+2.1%-0.2%
Q2 2018-13.0%-13.1%-13.7%
Q1 2018+3.9%+3.9%+9.6%
Q4 2017+11.3%-3.8%+0.6%
Q3 2017+7.7%+4.2%+22.8%
Q2 2017-2.9%-3.8%+6.3%
Q1 2017-2.0%+0.7%-10.3%
Q4 2016-16.3%-18.0%-17.2%
Q3 2016-18.8%-18.0%-2.1%
Q2 2016+10.0%+12.6%-3.6%
Q1 2016+6.4%
Q4 2015+9.1%
Q3 2015-4.4%
Q2 2015-14.0%
Q1 2015-15.4%
Q4 2014+4.0%
Q3 2014+27.1%
Q2 2014+9.7%
Q1 2014-3.3%
Q2 2013-3.0%
Q4 2013+24.9%
Q3 2013+4.2%
Q4 2012+0.0%
Q3 2012-0.8%
Q2 2012-15.5%
Q1 2012-15.4%
Q2 2011+0.0%
Q4 2011+0.0%
Q4 2009+0.0%
Q3 2011-6.0%
Q4 2010-7.2%
Q2 2010-7.2%
Q1 2011+0.9%
Q3 2010-6.3%
Q1 2010-5.6%

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