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home / news releases / puma biotechnology reports mixed q3 earnings initiat

PBYI - Puma Biotechnology reports mixed Q3 earnings; initiates Q4 and updates FY23 outlook

Puma Biotechnology Inc

2023-11-02 16:58:49 ET

  • Puma Biotechnology press release ( NASDAQ: PBYI ): Q3 Non-GAAP EPS of $0.17 beats by $0.03 .
  • Revenue of $56.1M (-1.8% Y/Y) misses by $1.85M .

  • Fourth Quarter and Full Year 2023 Financial Outlook

    Fourth Quarter 2023

    Full Year 2023

    Product Revenue, Net

    $56 million - $59 million

    $206 million - $209 million

    Royalty Revenue

    $16 million - $19 million

    $30 million - $32 million

    Net Income

    $13 million - $16 million

    $22 million - $25 million

    Gross to Net Adjustment

    15.5% - 16.5%

    17.5% - 18.0%

For further details see:

Puma Biotechnology reports mixed Q3 earnings; initiates Q4 and updates FY23 outlook
Stock Information
Company Name: Puma Biotechnology Inc
Stock Symbol: PBYI
Market: NASDAQ
Website: pumabiotechnology.com
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