Jazz Pharmaceuticals reports Q2 non-GAAP EPS $5.30, consensus $4.77

Reports Q2 revenue $1.02B, consensus $1B. “Jazz‘s record revenues of over $1 billion in the second quarter were driven by strong execution and increased demand for our key growth drivers, Xywav, Epidiolex and Rylaze. Our launch preparations are well underway for zanidatamab, which was recently granted Priority Review in BTC, and we are pleased to have initiated the Phase 3 EmpowHER trial in HER2-positive breast cancer in patients whose disease has progressed after T-DXd treatment,” said Bruce Cozadd, chairman and chief executive officer, Jazz Pharmaceuticals. “Based on projections for the remainder of the year, we are narrowing and maintaining the mid-point of our Neuroscience guidance and lowering our Oncology guidance. Importantly, our Oncology guidance still includes double-digit growth at the mid-point and we continue to expect double-digit growth from our combined key growth drivers in 2024.”