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Amneal Pharmaceuticals(AMRX) - 2024 Q1 - Earnings Call Transcript
2024-05-03 17:37
Amneal Pharmaceuticals, Inc. (NASDAQ:AMRX) Q1 2024 Results Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Tony DiMeo - Head of Investor Relations Chirag Patel - President and Co-Chief Executive Officer Chintu Patel - Co-Chief Executive Officer Tasos Konidaris - Executive Vice President and Chief Financial Officer Joe Renda - Senior Vice President, Chief Commercial Officer, Specialty Conference Call Participants Nathan Rich - Goldman Sachs Leszek Sulewski - Truist Securities David Amsel ...
Amneal Pharmaceuticals(AMRX) - 2024 Q1 - Quarterly Results
2024-05-03 10:14
Exhibit 99.1 AMNEAL REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS ‒ Q1 2024 Net Revenue of $659 million; GAAP Net Loss of $92 million; Diluted Loss per Share of $0.30 ‒ ‒ Adjusted EBITDA of $152 million; Adjusted Diluted EPS of $0.14 ‒ ‒ Company has reached settlement in principle on a nationwide opioids settlement, payable over ten years ‒ ‒ Af irming 2024 Full Year Guidance ‒ BRIDGEWATER, NJ, May 3, 2024 - Amneal Pharmaceuticals, Inc. (Nasdaq: AMRX) ("Amneal" or the "Company") announced its results today f ...
Strength Seen in Amneal (AMRX): Can Its 12.0% Jump Turn into More Strength?
Zacks Investment Research· 2024-04-25 10:51
Amneal Pharmaceuticals (AMRX) shares rallied 12% in the last trading session to close at $6.05. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 7.7% loss over the past four weeks.The sudden soaring of the stock was observed after Amneal announced the commercial launch of over-the-counter (OTC) Naloxone Hydrochloride (Naloxone HCI) Nasal Spray, USP, 4mg in the United States, following its FDA approval, to help ...
Amneal (AMRX) Stock Jumps 7.3%: Will It Continue to Soar?
Zacks Investment Research· 2024-03-20 11:16
Amneal Pharmaceuticals (AMRX) shares rallied 7.3% in the last trading session to close at $6.34. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 0.2% gain over the past four weeks.The rise in share price is attributable to positive investor expectations for the company’s prospects. Amneal is involved in the development, marketing, and distribution of a diverse portfolio of over 270 pharmaceutical products, in ...
Amneal Pharmaceuticals(AMRX) - 2023 Q4 - Annual Report
2024-03-14 21:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission file number 001-38485 Amneal Pharmaceuticals, Inc. (Exact name of registrant as specified in its charter) Delaware (State or oth ...
Amneal Pharmaceuticals(AMRX) - 2023 Q4 - Earnings Call Transcript
2024-03-01 17:26
Amneal Pharmaceuticals, Inc. AMRX) Q4 2023 Earnings Conference Call March 1, 2024 8:30 AM ET Company Participants Chirag Patel - Co-Founder & Co-CEO Chintu Patel - Co-Founder & Co-CEO Tasos Konidaris - CFO Andy Boyer - Generics Joe Renda - SVP & CCO, Specialty Harsher Singh - SVP, Biosciences Jason Daly - Chief Legal Officer Tony DiMeo - IR Conference Call Participants Nathan Rich - Goldman Sachs David Amsellem - Piper Sandler Balaji Prasad - Barclays Chris Schott - J.P. Morgan Leszek Sulewski - Truist Secu ...
Amneal (AMRX) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-03-01 15:31
Amneal Pharmaceuticals (AMRX) reported $616.98 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.2%. EPS of $0.14 for the same period compares to $0.23 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $630.67 million, representing a surprise of -2.17%. The company delivered an EPS surprise of +100.00%, with the consensus EPS estimate being $0.07.While investors scrutinize revenue and earnings changes year-over-year and how they com ...
Amneal Pharmaceuticals(AMRX) - 2023 Q4 - Earnings Call Presentation
2024-03-01 14:46
Q4 2023 Earnings Call March 1, 2024 Cautionary Statement on Forward Looking Statements Certain statements contained herein, regarding matters that are not historical facts, may be forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995). Such forward-looking statements include statements regarding management's intentions, plans, beliefs, expectations, financial results, or forecasts for the future, including among other things: discussions of future operations; ex ...
Amneal Pharmaceuticals (AMRX) Beats Q4 Earnings Estimates
Zacks Investment Research· 2024-03-01 13:16
Amneal Pharmaceuticals (AMRX) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this pharmaceutical company would post earnings of $0.12 per share when it actually produced earnings of $0.19, delivering a surprise of 58.33%.Over the last four qu ...
Amneal Pharmaceuticals(AMRX) - 2023 Q4 - Annual Results
2024-03-01 11:13
Exhibit 99.1 1 AMNEAL REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS ‒ Full Year 2023 Performance Met or Exceeded Financial Guidance Metrics – ‒ Q4 2023 Net Revenue of $617 million; GAAP Net Loss of $99 million; Diluted Loss per Share of $0.40 ‒ ‒ Q4 2023 Adjusted Net Income of $44 million, Adjusted EBITDA of $142 million; Adjusted Diluted EPS of $0.14 ‒ (1) (1) (1) ‒ Full Year 2023 Net Revenue of $2.39 billion; GAAP Net Loss of $84 million; Diluted Loss per Share of $0.48 ‒ ‒ Full Year 2023 Ad ...