Record Quarterly Revenue and Growth
Collegium Pharmaceuticals reported record quarterly revenue of $188 million, a 29% increase year-over-year. Adjusted EBITDA grew by 9% year-over-year, demonstrating strong financial performance across its portfolio.
Significant Growth in Jornay PM
Jornay PM continued to be a lead growth driver with a 23% year-over-year increase in prescriptions and record quarterly revenues of $32.6 million. Market share in the long-acting branded methylphenidate market grew to 23%, up 7.6 percentage points year-over-year.
Pain Portfolio Performance
The pain portfolio generated record revenues of $155.4 million, up 7% year-over-year, with all three core pain medicines showing year-over-year revenue growth.
Share Repurchase Program
Collegium completed a $25 million accelerated share repurchase program and authorized a new $150 million share repurchase program, showcasing commitment to returning value to shareholders.
Raised Financial Guidance
The company raised its 2025 financial guidance, expecting total revenue growth of 19% year-over-year and adjusted EBITDA growth of 12% year-over-year.