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Collegium Pharmaceutical Q1 Adjusted Net Income, Revenue Rise; 2024 Outlook Reiterated
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Collegium Pharmaceutical Q1 Adjusted Net Income, Revenue Rise; 2024 Outlook Reiterated
May 10, 2024 2:15 AM

04:48 AM EDT, 05/10/2024 (MT Newswires) -- Collegium Pharmaceutical ( COLL ) reported Q1 adjusted net income late Thursday of $1.45 per diluted share, up from $1.32 a year earlier.

Analysts polled by Capital IQ expected $1.47.

Net revenue for the quarter ended March 31 was $144.9 million, compared with $144.8 million a year earlier.

Analysts surveyed by Capital IQ expected $146.9 million.

For 2024, the company reaffirmed its revenue guidance of $580 million to $595 million. Analysts polled by Capital IQ expect $582.3 million.

Price: 36.50, Change: -1.36, Percent Change: -3.59

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