Horizon Therapeutics (HZNP) Tops Q3 EPS by 19c; Raises Outlook

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Horizon Therapeutics plc Reports Third-Quarter 2022 Financial Results; Increases Full-Year 2022 Net Sales and Adjusted EBITDA Guidance; Increases TEPEZZA and KRYSTEXXA Peak Annual Net Sales Expectatio

November 2, 2022 7:00 AM EDT

Third-Quarter 2022 Results:
-- Net Sales of $925.4 Million --
-- GAAP Net Income of $135.8 Million; Adjusted EBITDA of $335.3 Million, Which Includes $19.0 Million of Acquired IPR&D and Milestones Expenses --
-- TEPEZZA® (teprotumumab-trbw) Net Sales of $490.9 Million --
-- KRYSTEXXA® (pegloticase injection) Net Sales of $191.6 Million --
-- Cash Position of $2.13 Billion as of Sept. 30, 2022 --

Full-Year 2022 Guidance and Peak Annual Net Sales Expectations:
-- Increasing Full-Year 2022 Net Sales Guidance to $3.59 Billion to $3.61 Billion --
--... More