ANI Pharmaceuticals reports Q3 adjusted EPS $2.04, consensus $1.77

Reports Q3 revenue $227.8M, consensus $212.85M. “ANI had another strong quarter in which we delivered record revenue and adjusted EBITDA, underscoring the strength of our Rare Disease and Generics business units,” said Nikhil Lalwani, President and CEO of ANI. “Our Rare Disease team delivered exceptional growth for our lead asset Cortrophin Gel and we now expect net revenues for our Rare Disease business to represent essentially half of total Company net revenues for 2025. We continue to believe in the strong multi-year growth potential of Cortrophin, and are driving this growth through strong commercial execution, investment in evidence generation to support its use and initiatives to enhance patient convenience.” Lalwani continued, “Based on our strong third quarter performance, we are again raising our top- and bottom-line 2025 financial guidance. We now expect to grow total net revenue 39% to 42% year-over-year and adjusted EBITDA 42% to 46% year-over-year. As we close out 2025 and head into 2026, we remain focused on advancing our strategic priority of growing our Rare Disease business to drive long-term value for our shareholders and reach more patients in need.”