Backs FY25 adjusted EBITDA view $435M-$450M. “In the first quarter of 2025, we grew revenue 23% year-over-year, made targeted investments in our lead growth driver, Jornay PM, and generated strong operating cash flows from our pain business,” said Colleen Tupper, Chief Financial Officer. “We remain on track to achieve our 2025 financial guidance, which reflects robust top- and bottom-line growth and full year Jornay PM net revenue in excess of $135 million. With our continued strong financial results, we were able to increase our cash position to $197.8 million at the end of the quarter while also paying down an additional $16.1 million in debt. In addition, our board authorized a $25 million accelerated share repurchase program, reinforcing our commitment to returning value to shareholders. We are well positioned to execute on our capital deployment priorities, which include expanding our portfolio through disciplined business development, rapidly paying down our debt, and opportunistically repurchasing shares.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLL:
- Is COLL a Buy, Before Earnings?
- Buy Recommendation for Collegium Pharmaceutical Driven by Stability and Growth Potential
- Collegium Pharmaceutical: Undervalued Stock with Strong Growth Potential and Low Risk
- Glen Santangelo Reiterates Buy Rating on Collegium Pharmaceutical, Citing Undervalued Pain Portfolio and Strong Market Positioning
- Collegium Pharmaceutical Appoints New Executive VP and General Counsel