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Catalyst Pharmaceuticals reports Q4 EPS 31c, consensus 21c

Reports Q4 revenue $61M, consensus $58.09M."Catalyst delivered an exceptional performance as we ended 2022 with robust revenue growth driven by another consecutive quarter of strong organic growth, further adding to our already substantial balance sheet. Our exceptional financial results and continued momentum underscore the successful execution of our strategic initiatives across all fronts, and we believe that we are poised to deliver another record year of sustained growth in 2023," stated Patrick J. McEnany, Chairman and CEO of Catalyst. "Over the year, we strategically and financially transformed our business with a focused approach to accelerating growth and portfolio expansion. As we entered 2023, we broadened our portfolio with the acquisition of FYCOMPA , further strengthening our position within key neuroscience markets. As we look to complete the successful integration of the FYCOMPA franchise by mid-year, we will continue to drive organic growth across our product portfolio while capturing synergies with the FIRDAPSE franchise to capitalize on the compelling revenue potential of our expanding product portfolio."

Published first on TheFly

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