Regeneron: Q2 adjusted EPS up 5%

(CercleFinance.com) - Regeneron today reports non-GAAP EPS of $10.
24 for Q2 2023, up 5% y-o-y, on revenues that rose 11% to $3.16bn.

Q2 adjusted net income reached $1,182m, up 5%.

"I am pleased with the performance of our business in the second quarter of 2023, including incremental pipeline progress and exceptional commercial execution," said Robert E. Landry, Executive Vice President, Finance and Chief Financial Officer of Regeneron.

"We continue to prioritize internal investments while allocating additional capital to opportunistic share repurchases and potential business development," he added.


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