Very nice
$ADMA Biologics (ADMA.US)$ ADMA Biologics Announces Second Quarter 2024 Financial Results and Provides Business Update
2Q 2024 Total Revenue of $107.2 Million, a 78% Increase Y-o-Y
2Q 2024 GAAP Net Income of $32.1 Million, a $38.4 Million Increase Y-o-Y
2Q 2024 Adjusted EBITDA(1) of $44.5 Million, a Nearly 600% Increase Y-o-Y
Commercial Scale Production of ADMA’s Innovative Biologics Manufacturing Process Supports a Potential Yield Enhancement of Approximately 20% from Same Starting Plasma
FY 2024 and 2025 Total Revenue Guidance Increased to More Than $400 Million and $445 Million, Respectively
FY 2024 GAAP Net Income Guidance Increased to More Than $105 Million and Adjusted EBITDA Guidance Increased to More Than $150 Million
FY 2025 GAAP Net Income Guidance Increased to More than $155 Million and Adjusted EBITDA Guidance Increased to More Than $200 Million
Conference Call Scheduled for Today at 4:30 p.m. ET
2Q 2024 Total Revenue of $107.2 Million, a 78% Increase Y-o-Y
2Q 2024 GAAP Net Income of $32.1 Million, a $38.4 Million Increase Y-o-Y
2Q 2024 Adjusted EBITDA(1) of $44.5 Million, a Nearly 600% Increase Y-o-Y
Commercial Scale Production of ADMA’s Innovative Biologics Manufacturing Process Supports a Potential Yield Enhancement of Approximately 20% from Same Starting Plasma
FY 2024 and 2025 Total Revenue Guidance Increased to More Than $400 Million and $445 Million, Respectively
FY 2024 GAAP Net Income Guidance Increased to More Than $105 Million and Adjusted EBITDA Guidance Increased to More Than $150 Million
FY 2025 GAAP Net Income Guidance Increased to More than $155 Million and Adjusted EBITDA Guidance Increased to More Than $200 Million
Conference Call Scheduled for Today at 4:30 p.m. ET
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Tonyco : My darling ADMA came through again! They are a great company. Been increasing earnings steadily for the last 5 yrs. Keep rocking!
Paul Anthony : very helpful thanks
Trytosaveabit OP Paul Anthony : You’re very welcome! GL