Supernus Announces Fourth Quarter and Full Year 2023 Financial Results
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(1) Total revenues excluding Trokendi XR net product sales is a non-GAAP measure and is calculated as total revenues (GAAP) less net product sales of Trokendi XR (GAAP). A reconciliation of this measure to Total revenues (GAAP) is included under the heading “Reconciliation of GAAP Total revenues to Non-GAAP Total revenues excluding Trokendi XR net product sales.”
(2) Operating earnings (non-GAAP) is a non-GAAP measure and is calculated as Operating earnings (loss) (GAAP) plus amortization of intangible assets, share-based compensation, contingent consideration expense (gain), intangible asset impairment charges, and depreciation. A reconciliation of this measure to Operating earnings (loss) (GAAP) is included under the heading “Reconciliation of GAAP Operating earnings (loss) to Non-GAAP Operating earnings.”
(3) A reconciliation of the operating earnings (non-GAAP) guidance is included under the heading “Full Year 2024 Financial Guidance – GAAP to Non-GAAP Adjustments.”