Alkermes (ALKS) reported break-even earnings for Q2 Tuesday, compared with earnings of $0.52 per share a year earlier.

Analysts polled by FactSet expected a loss of $0.03.

Total revenue for the quarter ended June 30 was $496 million, up from $390.7 million a year earlier.

Analysts surveyed by FactSet expected $457.4 million.

For 2026, Alkermes reiterated its total revenue guidance of $1.73 billion to $1.84 billion. Analysts polled by FactSet expected $1.81 billion.

Shares of the company were up less than 1% in recent Tuesday premarket activity.