Biogen

Biogen (NASDAQ:BIIB) Q2 Non-GAAP Earnings, Revenue Fall; Full-Year 2023 Outlook Maintained

Biogen (NASDAQ:BIIB) reported Q2 non-GAAP earnings  of $4.02 per diluted share, down from $5.25 a year earlier. Analysts polled by Capital IQ expected $3.76. Total revenue for the quarter ended June 30 was $2.46 billion, down from $2.59 billion a year earlier. Analysts surveyed by Capital IQ expected $2.36 billion. Biogen said it continues to expect full-year 2023 adjusted EPS of $15 to $16. Analysts polled by Capital IQ are expecting adjusted EPS of $15.43. Revenue for the year is expected to decline by mid-single-digit percentage from a year earlier.

Biogen (NASDAQ:BIIB) Q2 Non-GAAP Earnings, Revenue Fall; Full-Year 2023 Outlook Maintained Read Post »

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