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Stock impact report

ADMA Biologics Inc (ADMA) Q3 2024 Earnings Call Highlights: Record Revenue and Net Income Surge [Yahoo! Finance]

ADMA Biologics Inc (ADMA) 
Last adma biologics inc earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.admabiologics.com
Company Research Source: Yahoo! Finance
Net Income: $35.9 million, a 1,300% increase year-over-year. Gross Margin: 50% for the third quarter of 2024, compared to 37% in the third quarter of 2023. Operating Cash Flow: $25 million generated during the third quarter. Net Leverage Ratio: Improved to approximately 0.1x, annualizing the third quarter results. Warning! GuruFocus has detected 6 Warning Sign with ADMA. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript ADMA Biologics Inc ( NASDAQ:ADMA ) reported a significant increase in total revenues, reaching $119.8 million, a 78% year-over-year growth. The company achieved a remarkable 256% growth in adjusted EBITDA, reaching $45.4 million. Net income saw an impressive increase of 1,300% year-over-year, amounting to $35.9 million. ADMA Biologics Inc ( NASDAQ:ADMA ) raised its financial guidance for 2024 and 2025, expecting total revenues to exceed $415 million and $465 million, Show less Read more
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