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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Amphastar Pharmaceuticals reported Q3 2024 net revenues of $191.2 million and a GAAP net income of $40.4 million, or $0.78 per share, reflecting a 6% increase from the previous year. Key products BAQSIMI® and Primatene MIST® performed well, although glucagon sales declined. The company is focused on high-growth areas, including proprietary products and biosimilars, to drive long-term growth.
Amphastar Pharmaceuticals (AMPH) is poised for another earnings beat, having surpassed estimates in its last two quarterly reports by an average of 27.79%. With a positive Earnings ESP of +10.35% and a Zacks Rank #3, analysts are optimistic about the company's upcoming performance. Historically, stocks with this combination have a nearly 70% chance of exceeding consensus estimates.
Amphastar Pharmaceuticals, Inc.
Companies
| Symbol | AMPH |
| Name | Amphastar Pharmaceuticals, Inc. |
| Currency | USD |
| Sector | Health Care |
| IndustryGroup | Pharmaceuticals, Biotechnology & Life Sciences |
| Industry | Pharmaceuticals |
| Market | NASDAQ Global Select |
| Country | United States |
| State | CA |
| City | Rancho Cucamonga |
| Zipcode | 91730 |
| Website | http://www.amphastar.com |
05:59 07.11.2024
18:10 18.10.2024
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