Xeris Biopharma Holdings Inc (LTS:0A8E)
$ 8.29 -0.065 (-0.78%) Market Cap: 1.43 Bil Enterprise Value: 1.58 Bil PE Ratio: 138.50 PB Ratio: 110.80 GF Score: 65/100

Q1 2025 Xeris Biopharma Holdings Inc Earnings Call Transcript

May 8, 2025 / 12:30 PM GMT
Release Date Price: $5.18 (+13.74%)

Key Points

Positve
  • Xeris Biopharma Holdings Inc (XERS) reported a 48% increase in total revenue for Q1 2025, marking the 14th consecutive quarter of over 20% product revenue growth.
  • The company raised the bottom end of its revenue guidance from $255 million to $260 million, indicating confidence in continued growth.
  • Rekorolev, XERS's fastest-growing product, saw a 141% increase in revenue, driven by targeted investments in patient access and healthcare provider engagement.
  • The FDA approved XERS's supplemental new drug application for GVO vileDX, expanding its use as a diagnostic aid during radiologic examinations.
  • XERS maintains a strong financial position, allowing for strategic growth without the need for dilutive financing, and achieved a positive adjusted EBITDA of $4.4 million for the quarter.
Negative
  • Despite strong growth, XERS did not provide updated guidance on peak sales potential for Rekorolev, leaving some uncertainty about future revenue ceilings.
  • The company faces competitive pressures in the glucagon market, although it claims to be driving market growth.
  • Selling, general, and administrative expenses increased by 15% compared to the prior year, reflecting higher costs associated with commercial expansion.
  • There is ongoing speculation about potential sector-specific tariffs, although XERS does not anticipate a material impact due to its US-centric operations.
  • XERS's future growth is partly dependent on the successful development and commercialization of new products like XP 8,121, which still requires further development and regulatory approval.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

XERS.OQ - Xeris Biopharma Holdings Inc
Q1 2025 Xeris Biopharma Holdings Inc Earnings Call
May 08, 2025 / 12:30PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning.

Thank you for attending today's Zero former first quarter 2025 results conference call. My name is Makaya, and I'll be the moderator for today's call. All lines will be muted in the presentation portion of the call with an opportunity for your questions and answers at the end. At this time, I'd like to pass the call over to our senior Vice President of investor relations and corporate communications, Allison.

Allison, you may proceed.

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Unidentified_2 [2]
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Thank you, Mathias. Good morning, everyone. We
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