Lantheus Holdings (NASDAQ: LNTH) reported Q4 EPS of $0.34, $0.04 better than the analyst estimate of $0.30. Revenue for the quarter came in at $89.3 million versus the consensus estimate of $91.2 million.

• Worldwide revenue of $89.3 million and $347.3 million for the fourth quarter and full year 2019, representing an increase of 3.6% and 1.2% over the prior year period, respectively
• Net income of $10.5 million and $31.7 million for the fourth quarter and full year 2019, representing a decrease of 21.4% and 21.8% from the prior year period, respectively
• GAAP fully diluted EPS of $0.26 and $0.79 for the fourth quarter and full year 2019, representing a decrease of 22.6% and 23.0% from the prior year period; adjusted fully diluted EPS of $0.34 and $1.17 for the fourth quarter and full year 2019, representing an increase of 19.0% and 3.5% over the prior year period, respectively
• Net cash provided by operating activities was $22.4 million and $80.4 million for the fourth quarter and full year 2019. Free cash flow of $17.7 million and $58.3 million for the fourth quarter and full year 2019, representing an increase of 77.9% and 42.0% over the prior year period, respectively
• The Company provides first quarter and full year 2020 revenue and adjusted fully diluted earnings per share guidance

“We finished 2019 with robust DEFINITY, earnings and free cash flow performance,” said Mary Anne Heino, President and CEO. “Throughout 2019, it was Lantheus team members from across the organization who drove these results. As we look to 2020 and beyond, we see exciting revenue and value creation opportunities for the Company as we add the Progenics’ team with their exciting oncology, precision diagnostic, and other products to our own portfolio.”

GUIDANCE:

Lantheus Holdings sees Q1 2020 EPS of $0.25-$0.27, versus the consensus of $0.03. Lantheus Holdings sees Q1 2020 revenue of $89-91 million, versus the consensus of $100.98 million.

Lantheus Holdings sees FY2020 EPS of $1.34-$1.40, versus the consensus of $1.03. Lantheus Holdings sees FY2020 revenue of $384-390 million, versus the consensus of $391.92 million.

For earnings history and earnings-related data on Lantheus Holdings (LNTH) click here.