NASDAQ$LNTH
Lantheus Holdings, Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Lantheus reported strong Q1 2024 results driven by commercial excellence and strategic investments.
Lantheus Holdings, Inc. reported a strong first quarter in 2024, with worldwide revenue increasing by 23.0% to $370.0 million. GAAP fully diluted net income per share was $1.87, compared to a loss of $0.04 in the same period last year. The company has raised its full-year 2024 revenue and earnings guidance.
- Worldwide revenue increased by 23.0% to $370.0 million compared to Q1 2023, driven by PYLARIFY and DEFINITY sales.
- PYLARIFY net product sales increased by 32.4% to $258.9 million due to increased utilization and market expansion.
- DEFINITY net product sales increased by 11.2% to $76.6 million.
- GAAP fully diluted net income per share increased to $1.87, compared to a net loss per share of $(0.04) in the prior year period.
Headline financials
Revenue & EPS history
Lantheus · Revenue · Quarterly
$370M
Revenue by segment
Lantheus · $76.9M total across 2 segments · Q3 2020
- DEFINITY$55.4M—72.1%
- TechneLite$21.5M—27.9%
Forward guidance
The Company increases full year 2024 net revenue and earnings guidance and provides guidance for the second quarter 2024
Tailwinds
- Q2 FY 2024 Revenue: $380 million - $390 million
- Q2 FY 2024 Adjusted Fully Diluted EPS: $1.81 - $1.86
- FY 2024 Revenue: $1.50 billion - $1.52 billion
- FY 2024 Adjusted Fully Diluted EPS: $7.00 - $7.20
Headwinds
- The Company does not provide GAAP income per common share guidance
- The Company is unable to predict with reasonable certainty business development and acquisition related expenses, purchase accounting fair value adjustments, and any one-time, non-recurring charges.
- These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP.
- A quantitative reconciliation of adjusted fully diluted EPS on a forward-looking basis is not available without unreasonable effort.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+4.2%
Avg return
Earnings day
+5.2%
Avg return
5 days after
+10.2%
Avg return
30 days after
51%
23 / 45 earnings
Positive
+63.0%
Q2 2016
Best reaction
-23.2%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +5.6% | +11.7% | +17.2% | |
| Q4 2025 | -0.4% | +4.1% | -1.7% | |
| Q3 2025 | -6.2% | -6.7% | +10.6% | |
| Q1 2025 | -23.1% | -24.2% | -22.2% | |
| Q4 2024 | +16.5% | +18.5% | +20.1% | |
| Q3 2024 | -23.2% | -26.9% | -22.6% | |
| Q2 2024 | -10.2% | -9.8% | -3.0% | |
| Q1 2024 | +12.1% | +12.8% | +21.4% | |
| Q4 2023 | +16.9% | +20.4% | +4.1% | |
| Q3 2023 | -2.7% | -1.6% | +11.7% | |
| Q2 2023 | -7.5% | -13.9% | -17.7% | |
| Q1 2023 | +14.0% | +17.9% | +7.5% | |
| Q4 2022 | +24.3% | +27.0% | +39.8% | |
| Q3 2022 | -12.0% | -17.2% | -11.1% | |
| Q2 2022 | +3.5% | +5.1% | +3.4% | |
| Q1 2022 | +11.6% | +12.7% | +19.0% | |
| Q4 2021 | +61.6% | +70.3% | +72.9% | |
| Q3 2021 | +16.6% | +21.5% | +6.9% | |
| Q2 2021 | +7.5% | +6.5% | +2.1% | |
| Q1 2021 | -5.7% | -7.2% | +3.7% | |
| Q4 2020 | -5.0% | -6.9% | +0.7% | |
| Q3 2020 | +0.3% | +7.6% | +22.2% | |
| Q2 2020 | -14.2% | -19.4% | -14.1% | |
| Q1 2020 | -14.0% | -9.4% | -2.1% | |
| Q4 2019 | +1.2% | -3.5% | -21.7% | |
| Q3 2019 | +4.1% | +6.4% | +4.9% | |
| Q2 2019 | -21.3% | -19.9% | -24.2% | |
| Q1 2019 | -5.1% | +3.8% | -1.0% | |
| Q4 2018 | +18.8% | +29.1% | +35.4% | |
| Q3 2018 | +10.2% | +18.8% | +40.8% | |
| Q2 2018 | -7.6% | -6.6% | +11.4% | |
| Q1 2018 | -2.5% | -14.7% | -20.4% | |
| Q4 2017 | -22.5% | -17.2% | -21.0% | |
| Q3 2017 | +19.3% | +17.9% | +16.8% | |
| Q2 2017 | -16.0% | -6.8% | -5.1% | |
| Q1 2017 | +13.1% | +1.5% | +25.0% | |
| Q4 2016 | +28.6% | +33.9% | +25.9% | |
| Q3 2016 | +9.8% | +1.7% | +6.4% | |
| Q2 2016 | +63.0% | +63.9% | +155.4% | |
| Q1 2016 | -6.2% | — | — | |
| Q1 2015 | -6.2% | — | — | |
| Q4 2015 | +17.1% | — | — | |
| Q3 2015 | +27.6% | — | — | |
| Q4 2014 | -1.3% | — | — | |
| Q2 2015 | -1.3% | — | — | |
| Q2 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q3 2013 | — | — | — | |
| Q2 2013 | — | — | — | |
| Q4 2012 | — | — | — |
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