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Ultragenyx Pharmaceutical Raises FY24 Revenue Guidance From $500M-$530M To $530M-$550M Vs $513.16M Est.

Author: Benzinga Newsdesk | August 01, 2024 04:27pm

2024 Full Year Financial Guidance

  • Total revenue guidance increased to be in the range of $530 million to $550 million (previously $500 million to $530 million)
  • Crysvita revenue expected to be towards the upper end of the range of $375 million to $400 million. This includes all regions where Ultragenyx will recognize revenue: product sales in Latin America and Turkey, royalties in Europe, which have been ongoing, and royalties in North America, which began in April 2023.
  • Dojolvi revenue in the range of $75 million to $80 million
  • Net Cash Used in Operations less than $400 million

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