Regeneron Pharmaceuticals (NASDAQ:REGN) Q2 Non-GAAP Earnings, Revenue Advance

Regeneron Pharmaceuticals (NASDAQ:REGN) reported Q2 non-GAAP earnings  of $10.24 diluted share, up from $9.77 a year earlier.

Analysts polled by Capital IQ expected $9.90.

Revenue for the quarter ended June 30 was $3.16 billion, up from $2.86 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.02 billion.

The company now anticipates 2023 capital expenditures in the range of $760 million to $830 million versus its previous guidance of $800 million to $900 million.

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