Strong Revenue and EBITDA Growth
Amneal Pharmaceuticals reported Q2 revenues of $720 million and adjusted EBITDA of $184 million, marking a 3% revenue growth and a 13% increase in EBITDA compared to the previous year. Adjusted EPS grew by 56%.
Increased 2025 Financial Guidance
The company raised its 2025 guidance, expecting revenues between $3 billion to $3.1 billion and adjusted EBITDA between $665 million and $685 million. Adjusted EPS is projected to be between $0.70 and $0.75.
Successful Launches in Specialty Segment
CREXONT for Parkinson's disease exceeded expectations with a 2% U.S. market share and is on track for 3% by year-end. Brekiya autoinjector for severe migraine received FDA approval and is expected to be a $50 million to $100 million peak sales opportunity.
Advancements in Biosimilars
Amneal has 3 biosimilars commercialized and 5 more in development, with expectations to have 6 marketed biosimilars by 2027. The biosimilar XOLAIR represents a significant opportunity.
Debt Refinancing
Amneal successfully refinanced $2.7 billion in debt, reducing annual interest costs by over $33 million and extending maturities to 2032.