SUPN - Supernus Pharmaceuticals drops 2.7% on 2022 guidance
Biopharmaceutical company focused on developing and commercializing products for the treatment of central nervous system diseases Supernus Pharmaceuticals (NASDAQ:SUPN) reiterates FY2022 financial guidance initially announced on February 28, 2022. Expects total revenues between $640M - $680M (vs. consensus $676.76M); Combined R&D and SG&A expenses $460M - $490M; Operating earnings $20M - $40M; Effective tax rate 25% - 28%. Operating earnings - GAAP $20M - $40M; Operating earnings - non-GAAP $130M - $165M. Stock drops 2.7% during after-market hours. More analysis on the stock by contributor who writes: 'Supernus: New Beginnings'
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Supernus Pharmaceuticals drops 2.7% on 2022 guidance