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Eagle Pharma raises FY23 adjusted EPS view to $4.40-$4.70 from $4.20-$4.53

Two estimates consensus is for FY23 EPS $4.26. Raises FY23 adjusted non-GAAP EBITDA view to $78.0M-$84.0M, up from the previously disclosed estimated range of $74.0M-$80.0M. Reaffirms FY23 Adjusted non-GAAP research and development and Adjusted non-GAAP SG&A $41.0M-$45.0M, and $86.0M-$90.0M, respectively. “Due to the strength and momentum of our business, we are raising our full year Adjusted non-GAAP EPS and Adjusted non-GAAP EBITDA guidance. Our previously disclosed Adjusted non-GAAP research and development and Adjusted non-GAAP SG&A expense ranges remain the same as we continue to invest in our robust pipeline of products. We look forward to sharing additional details during our second quarter earnings call on August 8th,” stated Scott Tarriff, President and CEO of Eagle Pharmaceuticals.

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