Significant Revenue Growth
Heron Therapeutics generated total net revenues of approximately $39 million for Q1 2025, with a record quarterly adjusted EBITDA of $6.2 million and net income of $2.6 million, highlighting a strong financial performance.
Oncology Franchise Success
Combined net revenues from CINVANTI and SUSTOL reached $28.6 million for the quarter, maintaining market share in a competitive environment and demonstrating strong product performance.
Strong Product Growth in Acute Hospital Segment
APONVIE and ZYN experienced significant growth in Q1 2025, up over 432% and 60%, respectively, compared to the same period last year, indicating strong market adoption.
Improved Financial Metrics
Product gross profit for Q1 2025 was $30.4 million or 78%, an increase from 76% in the same period in 2024, due to production efficiencies.
Revised Positive Financial Guidance
The company revised its adjusted EBITDA guidance from a range of $0 to $8 million to a range of $4 million to $12 million.