NASDAQ$ASRT
Assertio Holdings Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Assertio's third quarter results reflected stable performance, driven by Rolvedon and economic returns from the commercial portfolio.
Assertio Holdings reported solid performance in Q3 2024, with Rolvedon establishing itself as the lead asset, contributing to a total net product sales of $28.7 million. The company is implementing new strategies for Sympazan and maximizing the value of Indocin while evaluating new growth opportunities.
- Rolvedon net product sales were stable at $15.0 million.
- Indocin net product sales decreased to $5.7 million due to generic competition.
- Gross margin increased to 74% due to a decrease in inventory write-downs and completion of Rolvedon inventory step-up amortization.
- Cash, cash equivalents and short-term investments were $88.6 million.
Headline financials
Revenue & EPS history
Assertio · Revenue · Quarterly
$29.2M
Revenue by segment
Assertio · $40.1M total across 1 segment · Q2 2023
- Net Product Sales$40.1M—100.0%
Forward guidance
Assertio did not provide specific forward guidance in this earnings report.
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 Q3 2024
-1.9%
Avg return
Earnings day
-4.4%
Avg return
5 days after
-4.5%
Avg return
30 days after
52%
33 / 64 earnings
Positive
+33.3%
Q3 2021
Best reaction
-46.2%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.5% | +4.2% | +4.7% | |
| Q4 2025 | +6.5% | +13.6% | +53.1% | |
| Q3 2025 | +13.3% | -1.2% | -1.2% | |
| Q1 2025 | -1.8% | +8.1% | +0.0% | |
| Q4 2024 | -7.5% | -7.7% | -20.5% | |
| Q3 2024 | +0.2% | -4.7% | +12.9% | |
| Q2 2024 | -12.8% | -14.4% | +0.8% | |
| Q1 2024 | +7.8% | -6.8% | -2.9% | |
| Q4 2023 | +10.8% | +23.1% | -1.1% | |
| Q3 2023 | -45.5% | -53.2% | -50.9% | |
| Q2 2023 | -46.2% | -41.0% | -39.0% | |
| Q1 2023 | +20.6% | +22.2% | -3.8% | |
| Q4 2022 | +7.9% | -15.1% | -0.6% | |
| Q3 2022 | -0.4% | +10.4% | +38.1% | |
| Q2 2022 | -4.3% | -4.8% | -32.6% | |
| Q1 2022 | +6.2% | +37.5% | +52.9% | |
| Q4 2021 | +13.8% | -0.5% | +56.9% | |
| Q3 2021 | +33.3% | +36.0% | +18.4% | |
| Q2 2021 | -2.3% | -3.1% | -16.3% | |
| Q1 2021 | +11.8% | -3.9% | -11.8% | |
| Q4 2020 | +4.3% | -3.2% | -35.1% | |
| Q3 2020 | -41.8% | -40.3% | -37.3% | |
| Q2 2020 | -13.8% | -18.1% | -23.4% | |
| Q1 2020 | +1.3% | +1.2% | +21.3% | |
| Q4 2019 | -35.1% | -29.8% | -37.7% | |
| Q3 2019 | -9.6% | -13.3% | -14.5% | |
| Q2 2019 | +1.4% | -45.1% | -54.2% | |
| Q1 2019 | -0.4% | -10.8% | -37.9% | |
| Q4 2018 | -5.8% | -12.7% | +26.8% | |
| Q3 2018 | +6.5% | +5.5% | -16.3% | |
| Q2 2018 | -19.0% | -23.0% | -33.5% | |
| Q1 2018 | +26.5% | +23.5% | +10.6% | |
| Q4 2017 | -11.4% | -12.3% | -15.0% | |
| Q3 2017 | +15.4% | +30.0% | +68.6% | |
| Q2 2017 | -35.1% | -33.3% | -37.4% | |
| Q1 2017 | +2.3% | +9.0% | -3.1% | |
| Q4 2016 | +4.7% | -0.9% | -9.9% | |
| Q3 2016 | -16.1% | -8.0% | -12.1% | |
| Q2 2016 | +5.6% | +10.2% | +8.7% | |
| Q1 2016 | -6.2% | — | — | |
| Q4 2015 | -4.1% | — | — | |
| Q3 2015 | +6.7% | — | — | |
| Q2 2015 | -7.2% | — | — | |
| Q1 2015 | -14.1% | — | — | |
| Q4 2014 | +13.4% | — | — | |
| Q3 2014 | -2.7% | — | — | |
| Q2 2014 | +5.5% | — | — | |
| Q1 2014 | -23.5% | — | — | |
| Q4 2013 | +14.8% | — | — | |
| Q3 2013 | -0.5% | — | — | |
| Q2 2013 | +4.0% | — | — | |
| Q1 2013 | -2.8% | — | — | |
| Q4 2012 | +6.2% | — | — | |
| Q3 2012 | +1.5% | — | — | |
| Q2 2012 | -0.5% | — | — | |
| Q1 2012 | +3.2% | — | — | |
| Q4 2011 | +3.3% | — | — | |
| Q3 2011 | -10.4% | — | — | |
| Q2 2011 | +3.1% | — | — | |
| Q1 2011 | -1.2% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q3 2010 | -0.2% | — | — | |
| Q2 2010 | +5.2% | — | — | |
| Q1 2010 | -4.7% | — | — |
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