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Halozyme Therapeutics — Jan 8, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001159036-25-000003
Open on SEC.gov ↗
Showing in the filing
Non-GAAP diluted earnings per share
“$4.95 to $5.35”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
New Accelerated Share Repurchase (ASR) program
“$250 million”
Total revenue for FY2025
“$1,150 million to $1,225 million”
Revenue from royalties for FY2025
“$725 million to $750 million”
Adjusted EBITDA for FY2025
“$755 million to $805 million”
Non-GAAP diluted earnings per share for FY2025
“$4.95 to $5.35”
Royalty Revenue for FY2025
“$725 to $750 million”
Non-GAAP Diluted EPS for FY2025
“$4.95 to $5.35”
Exhibit 99.1 · the passage around this item
… earlier in the release
• Revenue from royalties of $725 million to $750 million, representing growth of 30% to 35% over 2024. • Adjusted EBITDA of $755 million to $805 million, representing growth of 24% to 32% over 2024. • Non-GAAP diluted earnings per share of $4.95 to $5.35, representing growth of 21% to 30% over 2024. The Company’s earnings per share guidance does not consider the impact of potential future share repurchases. Table 2. 2025 Financial Guidance   Previous Guidance Range New Guidance Range Expected YoY Growth 1 Total Revenue $1,095 to $1,170 million $1,150 to $1,225 million 16% to 23% Royalty Revenue $650 to $675 million $725 to $750 million 30% to 35% Adjusted EBITDA $710 to $760 million $755 to $805 million 24% to 32% Non-GAAP Diluted EPS $4.45 to $4.85 $4.95 to $5.35 21% to 30% Footnote: 1 Growth rates calculated from 2024 midpoint to low end of 2025 range and high-end of 2025 range. Website and Conference Call Halozyme will host an Investor Conference Call today, Wednesday, January 8 at 5:30am PT/8:30am ET. On the call, Dr. Helen Torley, President and Chief Executive Officer, and Nicole LaBrosse, Chief Financial Officer, will provide preliminary unaudited full year 2024 results and updated 2025 and multi-year financial guidance. Pre-registration of the live call can be accessed via link here: https://registrations.events/direct/Q4I871904593 . A webcast of the live call and presentation materials (which will be available 15 minutes b
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.