Cash FlowXeris generated positive cash flow in 4Q24 and expects to end FY24 with ~$71M in cash and cash equivalents, within their prior cash guidance.
EarningsXeris' record 4Q24 performance marks a transformative inflection point with accelerating commercial momentum and first-time positive adjusted EBITDA, which is a strong positive setup going into 2025.
Product PerformanceBoth of Xeris’ growth drivers, Recorlev and Gvoke, beat estimates with particularly impressive upside from Recorlev.
Revenue GrowthXeris reported 4Q24 financials with total net product revenues of $57.0M, representing ~34% Y/Y growth and marking the 13th consecutive quarter of >20% growth.