Jazz Pharmaceuticals (NASDAQ: JAZZ) reported Q4 EPS of $4.42, $0.30 better than the analyst estimate of $4.12. Revenue for the quarter came in at $581.74 million versus the consensus estimate of $561.69 million.

"With more than $2 billion of revenue and double-digit top- and bottom-line growth, we delivered strong 2019 financial results while making significant investments to support the continued robust evolution of our business," said Bruce Cozadd, chairman and chief executive officer of Jazz Pharmaceuticals. "Strong execution of our long-term sustainable growth strategy has led to six major product approvals in the past four years, and we look forward to further diversification of our revenue base through corporate development activities and by delivering on other key priorities, including the European launch of Sunosi, the anticipated U.S. launches of lurbinectedin and JZP-258, and pre-launch activities for JZP-458."

"Backed by a growing commitment to R&D, we have made significant progress strengthening and advancing our R&D pipeline with the goal of providing important new therapeutic options and improved patient outcomes in difficult-to-treat diseases," said Robert Iannone, M.D., M.S.C.E., executive vice president, research and development, of Jazz Pharmaceuticals. "Our R&D organization remains focused on optimizing and diversifying our portfolio through internal efforts and external opportunities, including utilizing innovative technologies, and working through partnerships and collaborations designed to bring new life-changing therapeutics to patients."

GUIDANCE:

Jazz Pharmaceuticals sees FY2020 revenue of $2.32-2.4 billion, versus the consensus of $2.36 billion.

For earnings history and earnings-related data on Jazz Pharmaceuticals (JAZZ) click here.