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Pacira BioSciences Inc

For the period ended Mar 31, 2024. Filed May 7, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 7, 2024

PCRX$36.49+0.1%Stored close · as of Nov 10, 2026

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Condensed Consolidated Statements of Operations

(In thousands, except per share amounts)

Three Months EndedMarch 31,
20242023
Revenues:
Net product sales$165,824$159,431
Royalty revenue1,293910
Total revenues167,117160,341
Operating expenses:
Cost of goods sold47,41649,020
Research and development18,23817,140
Selling, general and administrative72,02670,843
Amortization of acquired intangible assets14,32214,322
Contingent consideration (gains) charges, restructuring charges and other1,90312,107
Total operating expenses153,905163,432
Income (loss) from operations13,212(3,091)
Other income (expense):
Interest income3,9033,142
Interest expense(3,316)(9,589)
Loss on early extinguishment of debt—(16,926)
Other, net(159)(10)
Total other income (expense), net428(23,383)
Income (loss) before income taxes13,640(26,474)
Income tax (expense) benefit(4,661)6,938
Net income (loss)$8,979$(19,536)
Net income (loss) per share:
Basic and diluted net income (loss) per common share$0.19$(0.43)
Weighted average common shares outstanding:
Basic46,49945,949
Diluted52,19345,949
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.