ACAD Nasdaq· ACADIA Pharmaceuticals Inc.
FundamentalsNews digest Peer analysis
ACAD Nasdaq· ACADIA Pharmaceuticals Inc.
Earnings report Q4 2023

ACADIA Pharmaceuticals Inc. Reports Strong Revenue Growth in Latest Quarter

Segments of revenue

ACADIA Pharmaceuticals Inc. reported total revenues of $136.49 million in the latest quarter, representing a significant increase from the previous quarters. The breakdown of segment revenues for the quarter is as follows: Product sales, net amounted to $136.49 million.


ACADIA Pharmaceuticals Inc. demonstrated strong revenue growth in the latest quarter, with total revenues reaching $136.49 million. This represents a positive trend compared to previous quarters, indicating increased demand for the company's products. The management comments in the financial report did not provide specific explanations for the increase in revenue, but it can be inferred that the company's products are gaining traction in the market.


Despite the strong revenue growth, ACADIA Pharmaceuticals Inc. reported a net loss of $41.73 million in the latest quarter. This indicates that the company's expenses, such as cost of product sales, research and development, and selling, general, and administrative costs, outweighed its revenue. The management should focus on optimizing operational efficiency and cost management to improve profitability.


It is worth noting that ACADIA Pharmaceuticals Inc. experienced a significant decrease in net loss compared to the previous quarters. The net loss in the latest quarter was $41.73 million, while it was $113.06 million, $34.01 million, and $27.18 million in the first, second, and third quarters, respectively. This improvement in net loss indicates that the company is making progress in reducing its losses and moving towards profitability.


ACADIA Pharmaceuticals Inc. achieved strong revenue growth in the latest quarter, with total revenues of $136.49 million. However, the company still reported a net loss of $41.73 million, highlighting the need for improved cost management. Despite the challenges, ACADIA Pharmaceuticals Inc. demonstrated a positive trend in reducing its net loss compared to previous quarters. The company should continue to focus on driving revenue growth and optimizing its operations to enhance profitability in the future.

Source documents

Form 10-K  filed on Feb 27, 2024
79 pages scanned

Reference data

Company financials Q4 revenue 231M
Analyst estimates Q4 EPS missed by -166.21%
Sign up to Fey

Get in-depth analysis on thousands of stocks for just $30/month. Cancel anytime.