0001628280-26-030867
SEC filingExceptional quarter driven by BRUKINSA-led revenue acceleration and operating leverage, with net income surging from near break-even to $227M.
Net cash provided by operating activities increased to $201.3 million from $44.1 million in the prior-year period, driven by higher net income and working capital improvements. Capital expenditures decreased to $40.8 million from $56.4 million, resulting in free cash flow of $160.5 million compared to negative free cash flow in the prior-year period.
As we continue to expand our business, the amount and duration of our credit exposure will be expected to increase, as will the breadth of the entities to which we have credit exposure. These statements involve risks and uncertainties, including those described in Part II—Item 1A—Risk Factors of this Quarterly Report, that may cause actual future events or results to differ materially from those expected.