Harmony Biosciences Reports Strong First Quarter Financial Results and Acceleration of Its Growth Strategy; Advances Pitolisant Franchise to Extend Revenue Potential Beyond 2040; Strenghtens Sleep/Wak

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Harmony Biosciences Holdings Inc. (HRMY) PT Raised to $37 at Raymond James

April 30, 2024 12:17 PM EDT

Raymond James analyst Danielle Brill raised the price target on Harmony Biosciences Holdings Inc. (NASDAQ: HRMY) to $37.00 (from $34.00) while maintaining a Outperform rating.

The analyst comments "Wakix 1Q sales of $154.6M (-8.2% q/q) slightly beat our $152.9M estimate (vs consensus $154.7M), and FY24 revenue guidance of... More

Harmony Biosciences (HRMY) Tops Q1 EPS by 25c

April 30, 2024 7:14 AM EDT

Harmony Biosciences (NASDAQ: HRMY) reported Q1 EPS of $0.88, $0.25 better than the analyst estimate of $0.63. Revenue for the quarter came in at $154.6 million versus the consensus estimate of $155.37 million.

Reiterates 2024 Net Product Revenue Guidance

Expect full year 2024 net product revenue of $700 million to $720 million

For... More