Lantheus Q2 revenue rises 2.7%, beats estimates
LNTH•Business drivers
- PYLARIFY decline - Sales of PYLARIFY fell 4.1% year over year in the second quarter.
- DEFINITY growth - Sales of DEFINITY rose 5.2% year over year in the second quarter.
- SPECT revenue loss - SPECT revenue fell to zero from $31.9 million a year ago.
Outlook and deal update
The company said it is suspending previously issued full-year 2026 financial guidance because of the pending merger.
Lantheus is set to be acquired by Curium in a deal valued at up to $8 billion.
Quarterly results beat estimates
Lantheus said second-quarter revenue rose 2.7% year over year, beating analyst expectations.
Adjusted earnings per share for the quarter also beat consensus at $1.55.
