Record Fourth Quarter and Full Year Results
ANI Pharmaceuticals reported record fourth quarter and full year 2024 results, with total net revenues, adjusted non-GAAP EBITDA, and adjusted non-GAAP diluted EPS all coming in above previously announced guidance.
Increased 2025 Revenue and EBITDA Guidance
The company raised its 2025 guidance for total revenues to $756 million to $776 million, representing growth of 23% to 26%, and adjusted non-GAAP EBITDA to $190 million to $200 million, reflecting growth of 22% to 28% over 2024.
Strong Growth in Cortrophin Gel
Cortrophin Gel generated $59.4 million in revenues during Q4 2024, up 42% over Q4 2023. The product continues on a strong multiyear growth trajectory with expected revenues to grow between 34% and 38% in 2025.
Generics Business Growth
The Generics business delivered 12% revenue growth in 2024, driven by operational excellence and new product launches. The business is expected to achieve low double-digit growth in 2025.
Successful Acquisition of Alimera Sciences
ANI expanded its rare disease franchise with the acquisition of Alimera Sciences, adding ophthalmology products ILUVIEN and YUTIQ, which generated $27.6 million in Q4.