Halozyme Therapeutics (HALO) PT Raised to $58 at Leerink Partners

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HALOZYME REPORTS THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS

October 31, 2024 4:01 PM EDT

Total Revenue Increased 34% YOY to $290 million and Royalty Revenue Increased 36% YOY to $155 million

Net Income Increased 67% YOY to $137 million and Adjusted EBITDA Increased 60% YOY to $184 million

GAAP Diluted EPS Increased 72% YOY to $1.05 and Non-GAAP Diluted EPS Increased 69% YOY to $1.271

Raised 2024 Financial Guidance Ranges for Total Revenue of $970-$1,020 million, Representing YOY Growth of 17%-23%, Adjusted EBITDA of $595-$625 million, Representing YOY Growth of 40%-47%,... More