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Alnylam Pharma (ALNY) Tops Q2 EPS by $1.61

August 1, 2024 8:14 AM EDT

Alnylam Pharma (NASDAQ: ALNY) reported Q2 EPS of $0.56, $1.61 better than the analyst estimate of ($1.05). Revenue for the quarter came in at $659.8 million versus the consensus estimate of $449.18 million.

2024 Financial Guidance

Full year 2024 financial guidance has been updated as follows:

Provided 2/15/2024

Updated 8/1/2024

Combined net product revenues for ONPATTRO, AMVUTTRA, GIVLAARI and OXLUMO1

$1,400 million - $1,500 million

$1,575 million - $1,650 million

Net Product Revenue Growth vs. 2023 at reported FX rates1

13% to 21%

27% to 33%

Net Product Revenue Growth vs. 2023 at CER*

13% to 21%

28% to 34%

Net revenues from collaborations and royalties

$325 million - $425 million

$575 million - $650 million

GAAP R&D and SG&A expenses

$1,900 million - $2,050 million

$2,000 million - $2,150 million

Non-GAAP R&D and SG&A expenses2

$1,675 million - $1,775 million

$1,775 million - $1,875 million

1 Uses June 30, 2024 FX rates including: 1 EUR = 1.07 USD and 1 USD = 161 JPY

2 Primarily excludes $225 - $275 million of stock-based compensation expense from estimated GAAP R&D and SG&A expenses

*CER = Constant Exchange Rate, representing growth calculated as if the exchange rates had remained unchanged from those used in the twelve months ended December 31, 2023. CER is a non-GAAP measure.

For earnings history and earnings-related data on Alnylam Pharma (ALNY) click here.



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