Catalyst Pharmaceuticals (CPRX) saw its stock surge 6.36% in after-hours trading on Wednesday, following the release of its impressive third-quarter 2025 financial results. The biopharmaceutical company not only beat revenue estimates but also raised its full-year guidance and announced a significant share repurchase program, signaling strong confidence in its future prospects.
The company reported Q3 revenue of $148.40 million, surpassing analyst expectations of $136.80 million. This represents a robust 17.4% year-over-year growth, primarily driven by the strong performance of its flagship product, FIRDAPSE, and the successful uptake of AGAMREE. Catalyst's adjusted net income for the quarter stood at $86.10 million, while operating income reached $66.30 million.
In light of these strong results, Catalyst Pharmaceuticals raised its full-year 2025 revenue guidance to $565-$585 million, up from previous estimates. The company also increased its 2025 AGAMREE revenue guidance to $105-$115 million, while maintaining its FIRDAPSE revenue guidance at $355-$360 million. Furthermore, in a move that underscores management's confidence in the company's outlook, Catalyst announced a $200 million share repurchase program. These positive developments, coupled with sustained organic growth and market penetration of its key products, have likely contributed to the stock's after-hours rally.
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