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Harmony Biosciences Reports Strong 2024 Financial Results and Reiterates 2025 Net Revenue Guidance; Highlights 2025 Catalysts in Sleep/Wake and Fragile X Syndrome Development Programs

1. HRMY reports record Q4 revenue of $201.3M and full-year 2024 revenue of $714.7M. 2. Guidance for 2025 projects WAKIX net revenues of $820-$860M, indicating transformative growth potential.

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FAQ

Why Bullish?

The strong quarterly performance, robust full-year revenues, and healthy cash position indicate an improving financial outlook. Historically, similar earnings beats and upward guidance in biotech have led to notable price rallies.

How important is it?

Record revenue figures, significant liquidity, and transformative future guidance make this highly relevant. Investors are likely to adjust valuations favorably given the strong performance and growth potential.

Why Long Term?

The ambitious 2025 guidance, targeting a $1B+ opportunity in a niche market, supports sustained growth over time. Past cases in the pharmaceutical sector show that robust forward guidance can create long-term investor confidence.

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PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--Harmony Biosciences Holdings, Inc. (Nasdaq: HRMY) today announced a record $201.3 million in net product revenues for the fourth quarter 2024, and full year 2024 net revenues of $714.7 million, ending the year with $576 million in cash, cash equivalents and investments on the balance sheet. The company has guided 2025 WAKIX® net revenues to $820 - $860 million, targeting a $1B+ opportunity with WAKIX in narcolepsy alone. “2025 is set up to be a transforma.

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