Shares of Collegium Pharmaceutical (COLL) are surging 11.58% in pre-market trading on Thursday following the company's impressive third-quarter financial results and increased full-year guidance. The pharmaceutical firm, specializing in pain management and central nervous system disorders, reported better-than-expected earnings and revenue for Q3 2025.
Collegium Pharmaceutical announced adjusted earnings per share of $2.25, surpassing the IBES estimate of $2.05. The company's Q3 revenue reached $209.4 million, significantly exceeding analysts' expectations of $191.2 million. This represents a robust 31% year-over-year increase in net revenue, driven by strong performance across its product portfolio.
The company's pain portfolio showed particular strength, with net revenue climbing 11% compared to the same period last year. Additionally, Collegium raised its full-year 2025 guidance, now expecting net revenue in the range of $775 to $785 million and adjusted EBITDA between $460 and $470 million. This upward revision in outlook, coupled with the strong quarterly performance, has likely fueled investor optimism and contributed to the stock's pre-market surge.
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