TTM ebitda was $76M and now their non-gaap ebitda is $101M
That's an EV/EBITDA of like 2.2 (
)
PE of 7
No debt
16% of the float is short
86% gross margin, 26% operating margin.... !!!!!
Unless I'm missing something, this company is dirt cheap.
They just pre-announced and it was strong.
* ASSERTIO HOLDINGS, INC.(ASRT) ANNOUNCES PRELIMINARY FOURTH QUARTER AND FULL YEAR 2022 RESULTS
* SEES Q4 EARNINGS PER SHARE $1.32 TO $1.33
* SEES Q4
ADJUSTED EARNINGS PER SHARE $0.31 TO $0.32
* SEES Q4 NET PRODUCT SALES $49.0 TO $50.0 MILLION
*
Q4 EARNINGS PER SHARE VIEW $0.21, REVENUE VIEW $46.8 MILLION
Earnings on 3/8
Assertio Holdings, Inc., a specialty pharmaceutical company, provides medicines in the areas of neurology, hospital, and pain and inflammation. Its pharmaceutical products include INDOCIN, an oral solution and a suppository form for the treatment of moderate to severe rheumatoid arthritis, including acute flares of chronic disease; ankylosing spondylitis and osteoarthritis; and acute painful shoulder and gouty arthritis. It also provides CAMBIA, a non-steroidal anti-inflammatory drug (NSAID) for the treatment of migraine, nausea, photophobia, and phonophobia; Zipsor, a NSAID for relief of mild to moderate acute pain; SPRIX, a NSAID for the short term management of moderate to moderately severe pain that requires analgesia at the opioid level; and Otrexup, a single-dose auto-injector containing a prescription medicine and methotrexate that is used to treat adults with severe, active rheumatoid arthritis, and children with active polyarticular juvenile idiopathic arthritis. The company was formerly known as Assertio Therapeutics, Inc. and changed its name to Assertio Holdings, Inc. in May 2020. Assertio Holdings, Inc. was incorporated in 1995 and is headquartered in Lake Forest, Illinois.
