NASDAQ$LNTH

Lantheus Holdings, Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Lantheus reported record revenues, earnings, cash flows, and patient impact, advancing its position as the leading radiopharmaceutical-focused company.

Lantheus Holdings, Inc. reported a strong Q4 2023 with worldwide revenue of $354.0 million, a 34.5% increase compared to Q4 2022. GAAP net income was $103.4 million, or $1.47 per fully diluted share, compared to a net loss in the prior year. Adjusted fully diluted EPS was $1.75, a 28.0% increase year-over-year. Free cash flow was $100.2 million.

  • Worldwide revenue for Q4 2023 reached $354.0 million, including a $15.0 million RELISTOR milestone.
  • GAAP net income for Q4 2023 was $103.4 million, or $1.47 per fully diluted share.
  • Adjusted fully diluted EPS for Q4 2023 was $1.75, a 28.0% increase compared to Q4 2022.
  • Free cash flow for Q4 2023 was $100.2 million.

Headline financials

Total Revenue

$354M

Previous: $263M+34.5%
EPS (adj)

$1.75

Previous: $1.37+27.7%
Net Income

$103M

Previous: -$119M+186.8%
Operating Income

$137M

Previous: -$172M+180.1%
Gross Profit

$230M

Previous: $167M+37.5%
R&D Expense

$16.8M

No prior period
Stock-Based Comp

$14.2M

Previous: $8.12M+74.4%

Revenue & EPS history

Lantheus · Revenue · Quarterly

$354M

Q4 2023+34.5%vs Q4 2022
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Lantheus · $76.9M total across 2 segments · Q3 2020

  • DEFINITY
    $55.4M
  • TechneLite
    $21.5M

Forward guidance

The Company provides its guidance for the first quarter and full year 2024 as follows: 1Q 2024 Revenue $347 million - $355 million 1Q 2024 Adjusted Fully Diluted EPS $1.50 - $1.54 FY 2024 Revenue $1.41 billion - $1.445 billion FY 2024 Adjusted Fully Diluted EPS $6.50 - $6.70

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 Q4 2023

Historical avgQ4 2023

+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

Earnings price reactions
QuarterReport dateReaction (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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