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Alkermes ALKS Q3 2024 earnings

Reported October 24, 2024 · Before market open

Revenue$378.1MMiss by $3.2M
EPS$0.72Miss by $0.02
Revenue estimate$381.4M
EPS estimate$0.74

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$467.0M
EPS estimate$0.01

Financials

Q3 2024

Income statement

See full
Revenue$378.1M-0.7%
Gross profit$315.0M-1.4%
Operating income$104.8M+139%
Net income$92.4M+93.4%
EPS (diluted)$0.55+96.4%

Balance sheet

See full
Cash & equivalents$396.3M-38.8%
Total debt$366.0M-4.9%
Total equity$1.3B-4.7%
Total assets$2.2B-5.4%

Cash flow

See full
Operating cash flow$81.6M-18.2%
CapEx$8.3M-42.9%
Free cash flow$73.3M-14.0%

Valuation & ratios

Valuation

as of 09/30/24
See full
Market cap$4.61B-1.2%
Enterprise value$4.58B+4.0%
P/E13.8×-7.9×
P/S3.1×+0.1×

Profitability

See full
Gross margin83.2%-1.9pp
Operating margin29%+15.5pp
Net margin22.1%+8.6pp
FCF margin20.9%+5.0pp

Returns & leverage

See full
Return on equity25.2%+7.3pp
Debt / equity0.3×0.0×
Current ratio3.4×+0.5×

Segments

By product

See full
Vivitrol$113.7M
Aristada And Aristada Initio$84.7M
LYBALVI$74.7M

By geography

See full
US$352.5M-5.5%
IE$323.5K+9.8%

Versus estimates

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Questions, answered.

When did Alkermes report Q3 2024 earnings?
Alkermes (ALKS) reported Q3 2024 earnings on October 24, 2024 before market open.
What were Alkermes's Q3 2024 revenue and EPS?
Alkermes reported revenue of $378.1M and eps of $0.72 for Q3 2024.
Did Alkermes beat estimates in Q3 2024?
Revenue missed the consensus estimate of $381.4M by $3.2M. EPS missed the consensus estimate of $0.74 by $0.02.
Where can I find Alkermes's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000950170-24-116872) directly on SEC EDGAR. The filing index links above go to sec.gov.