Exhibit 99.1

q4and2019pressrelease_image1.jpg
FOR IMMEDIATE RELEASE

Alimera Sciences Reports Record Fourth Quarter and 2019 Results

Fourth Quarter Highlights:
Consolidated Net Revenue of $17.3 Million; Up 15% Over Q4 2018
International Net Revenue Up 26% Compared to Q4 2018
Net Income of $498,000 vs. Net Loss of $1.2 million in Q4 2018
$2.6 million Positive Adjusted EBITDA

Year End 2019 Highlights:
Consolidated Net Revenue of $53.9 Million; up 16% Over 2018
International Net Revenue increased 49%
Net Loss of $10.4 Million vs. Net Loss of $16.4 million in 2018
$21,000 Positive Adjusted EBITDA

ATLANTA, February 26, 2020 -- Alimera Sciences, Inc. (Nasdaq: ALIM) (Alimera), a global pharmaceutical company that specializes in the commercialization and development of prescription ophthalmic pharmaceuticals for the treatment of retinal diseases, today announced financial results for the three months and year ended December 31, 2019. Alimera will host a conference call on February 27, 2020, at 9:00 a.m. ET to discuss these results.
 
“I am extremely proud to report record revenue for Alimera for both the full year of 2019 and the recently completed fourth quarter. Our international business exceeded our expectations with overall revenue improving 49% year over year, driven by organic growth, our expansion into France, and the launch of the ILUVIEN® indication for uveitis in Germany and the United Kingdom in the second half of the year.” said Rick Eiswirth, Alimera’s President and Chief Executive Officer. “In the U.S. market, we closed out the year with record quarterly end user demand for ILUVIEN, a 14% increase over the fourth quarter of last year. We are also pleased to have reached a significant milestone, having achieved positive adjusted EBITDA for a full year for the first time in the history of the company.”

Fourth Quarter and Full Year 2019 Financial Results

Consolidated Net Revenue
Consolidated net revenue increased 15% to approximately $17.3 million for the three months ended December 31, 2019, compared to approximately $15.1 million for the three months ended December 31, 2018.


The following information was filed by Alimera Sciences Inc (ALIM) on Wednesday, February 26, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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