Halozyme reports Q4 adjusted EPS 82c, consensus 82c

Reports Q4 revenue $230M, consensus $231.14M. “We are pleased to reiterate our 2024 financial guidance, which represents continued robust growth of total revenue, royalty revenue, adjusted EBITDA and non-GAAP diluted EPS, and builds upon our strong 2023 performance and results. Multiple, positive, value-creating events including the first approvals of VYVGART Hytrulo and Tecentriq SC and positive phase 3 data readouts with ENHANZE for VYVGART Hytrulo in CIDP, ocrelizumab SC and nivolumab SC all achieved in 2023, add new opportunities for continued revenue growth,” said Dr. Helen Torley, president and chief executive officer of Halozyme. “Today’s announcement of a new $750 million share repurchase program demonstrates our confidence in sustained and durable growth.”