Alkermes Plc
NASDAQ:ALKS

  • LAST PRICE
    24.0100
  • TODAY'S CHANGE (%)
    -0.5300 (-2.1597%)
  • Bid / Lots
    23.5400/ 1
  • Ask / Lots
    24.4900/ 1
  • Open / Previous Close
    23.8500 / 24.5400
  • Day Range
    23.2600
    24.2800
  • 52 Week Range
    22.0100
    33.7100
  • Volume
    2,843,963

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  • Today

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    • 7 hours ago by MT Newswires
      Companies Mentioned: ALKS
      09:36 AM EDT, 05/01/2024 (MT Newswires) -- Alkermes (ALKS) reported Q1 adjusted earnings Wednesday of $0.43 per diluted share, compared with $0.01 a year earlier. Analysts surveyed by Capital IQ expected $0.58. Revenue for the quarter ended March 3...

    • 9 hours ago by MT Newswires
      Companies Mentioned: ALKS
      07:13 AM EDT, 05/01/2024 (MT Newswires) -- ...

    • 9 hours ago by MT Newswires
      Companies Mentioned: ALKS
      07:13 AM EDT, 05/01/2024 (MT Newswires) -- ...

    • 10 hours ago by PR Newswire
      Companies Mentioned: ALKS

      — First Quarter Revenues of $350.4 Million —

      — GAAP Net Income from Continuing Operations of $38.9 Million and Diluted GAAP Earnings per Share from Continuing Operations of $0.23 —

      — Company Reiterates 2024 Financial Expectations —

    • 10 hours ago by Dow Jones
      Companies Mentioned: ALKS
      --------------------------- --------------------------- Non-GAAP Net Loss from Discontinued Operations (2,120) (27,645) Non-GAAP Net Income $ 74,059 $ 2,416 =========================== =========================== Non-GAAP diluted earnings per share from continuing operations $ 0.44 $ 0.18 Non-GAAP diluted loss per share from discontinued operations (0.01) (0.16) Non-GAAP diluted earnings per share $ 0.43 $ 0.01 Alkermes plc and Subsidiaries Selected Financial Information (Unaudited) Condensed Consolidated Balance Sheets March 31, December 31, (In thousands) 2024 2023 ----------------- ------------------------------------ ------------------------------------ Cash, cash equivalents and total investments $ 807,830 $ 813,378 Receivables 315,848 332,477 Inventory 198,369 186,406 Contract assets 1,229 706 Prepaid expenses and other current assets 111,539 98,166 Property, plant and equipment, net 224,590 226,943 Intangible assets, net and goodwill 83,959 85,018 Assets held for sale 96,792 94,260 Deferred tax assets 182,536 195,888 Other assets 101,204 102,981 Total Assets $ 2,123,896 $ 2,136,223 ------------------------------------ ------------------------------------ Long-term debt -- current portion $ 3,000 $ 3,000 Other current liabilities 455,977 512,678 Long-term debt 287,095 287,730 Liabilities from discontinued operations -- 4,542 Other long-term liabilities 123,061 125,587 Total shareholders' equity 1,254,763 1,202,686 Total Liabilities and Shareholders' Equity $ 2,123,896 $ 2,136,223 ------------------------------------ ------------------------------------ Ordinary shares outstanding (in thousands) 169,185 166,980 This selected financial information should be read in conjunction with the consolidated financial statements and notes thereto included in Alkermes plc's Quarterly Report on Form 10-Q for the quarter ended March 31, 2024, which the company intends to file in May 2024. Alkermes plc and Subsidiaries Amounts included in Discontinued Operations Three Months Ended March 31, (In thousands) 2024 Cost of goods manufactured and sold $ - Research and development 2,516 Selling, general and administrative Income tax benefit (396) ----------------------------------------------- ------------------------- Loss from discontinued operations, net of tax $ 2,120 ----------------------------------------------- ------------------------- Three Months Ended March 31, (In thousands) 2023 Cost of goods manufactured and sold $ 11 Research and development 29,867 Selling, general and administrative 6,644 Income tax benefit (6,727) ----------------------------------------------- ------------------------- Loss from discontinued operations, net of tax $ 29,795

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