Pharming had a strong start to 2025 with significant revenue growth and pipeline progression, despite facing some financial challenges due to one-time acquisition costs.
Company Guidance
During the Q1 2025 call, Pharming provided optimistic guidance for the fiscal year, highlighting a 42% increase in total revenues and a 49% growth in RUCONEST sales, reaching $68.6 million. Joenja sales rose by 9%, and the company expects further acceleration due to upcoming catalysts like the U.S. pediatric label expansion and international launches. Operating expenses, excluding non-recurring costs related to the Abliva acquisition, were $70.4 million, and the company plans to cut G&A expenses by $10 million annually. Pharming raised its 2025 revenue guidance to between $325 million and $340 million, anticipating a growth of 9% to 14% while maintaining operating expenses flat, excluding Abliva-related costs. The company's pipeline initiatives are set to expand Joenja's potential market and support long-term value creation.
Strong Revenue Growth
Total revenues increased by 42% in Q1 2025, driven by a 49% growth in RUCONEST sales and a 9% increase in Joenja sales.
RUCONEST Performance
RUCONEST sales reached $68.6 million, reflecting a continued increase in new patient enrollment and sustained expansion of the prescriber base.
Financial Improvement
Operating loss narrowed significantly year-over-year, with a profit generated for the third consecutive quarter excluding non-recurring expenses.
Pipeline Progress
Initiation and patient enrollment for genetic PID and CVID Phase II studies, along with the resumption of the KL1333 Phase II trial.
Financial Guidance Upgrade
Full-year revenue guidance for 2025 raised to between $325 million and $340 million, implying a growth of 9% to 14%.
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Pharming Group (PHGUF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PHGUF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
May 08, 2025
$0.88
$0.88
0.00%
Mar 13, 2025
$0.79
$0.90
+13.92%
Oct 24, 2024
$0.91
$0.81
-10.99%
Aug 01, 2024
$0.87
$0.80
-8.05%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Pharming Group N.V. (PHGUF) report earnings?
Pharming Group N.V. (PHGUF) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is Pharming Group N.V. (PHGUF) earnings time?
Pharming Group N.V. (PHGUF) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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