On Friday, Amneal Pharmaceuticals Inc. (NASDAQ:AMRX) reported fourth-quarter adjusted EPS of 12 cents, down from 14 cents a year ago and missing the consensus of $0.15.

The company reported sales of $730.52 million, up 18% year-over-year, beating the consensus of $707.6 million.

The increase was driven by Affordable Medicines (previously Generics) revenues growing 21% due to new product launches, biosimilars, and multiple other complex products, AvKARE revenues growing 14% due to new product launches, and Specialty revenues growing 16% driven by key branded products including CREXONT.

Also Read: Generic Drug Maker Amneal Pharmaceuticals Is Positioned To Growth Well Ahead Of Peers, Analyst Upgrades Stock

It clocked a net loss of $31 million compared to a net loss of $99 million a year ago. Adjusted EBITDA in the fourth quarter of 2024 was $155 million, an increase of 9% compared to the fourth quarter of 2023, primarily due to strong revenue growth partially offset by higher spending in research and development and commercial initiatives to drive future growth.

Guidance: Amneal expects 2025 revenues of $3 billion—$3.1 billion and adjusted EPS of $0.65-$0.70 versus the consensus of $2.9 billion and $0.71, respectively.

"In 2025 and beyond, we are entering a new phase of growth by further expanding in high-growth areas such as Specialty, Biosimilars, and GLP-1 therapies. As a growing and diversified biopharmaceutical company, Amneal is well positioned to deliver substantial value creation for all our stakeholders," said Chirag and Chintu Patel, Co-Chief Executive Officers.

The company expects 2025 adjusted EBITDA of $650 million—$675 million, operating cash flow of $255 million—$285 million and capital expenditures of approximately $100 million.

Price Action: At the time of this writing, Friday, AMRX stock was up 1.43% at $8.50 during the premarket session.

Read Next:

• Nvidia Faces New AI Chip Challenge As Huawei Gains Ground In China Despite US Sanctions