Viatris ups new product revenue forecast

 

• Total Revenues of $3.8 Billion and Operational Revenue Growth of ~2% on a Divestiture-Adjusted Basis[1]
  
  
• Strong New Product Revenues in the Quarter of $210 Million Drove Growth Across Segments
  
  
• U.S. GAAP Net Loss was $326 Million; Adjusted EBITDA Grew ~2% to $1.2 Billion on a Divestiture-Adjusted Basis; U.S. GAAP Diluted EPS was a Loss of $0.27 per Share; Adjusted EPS Grew ~3% to $0.69 per Share on a Divestiture-Adjusted Basis[2]
  
  
• Completion of Divestitures Marks Inflection Point in Company's Move Towards Accelerated Growth and Shareholder Return
  
  
• Raises 2024 Full-Year New Product Revenues Range to $500 Million-$600 Million
  
  
• Expects 2024 Full-Year Total Revenues Growth of ~2% on a Divestiture-Adjusted Operational Basis[3]

https://www.prnewswire.com/news-releases/viatris-reports-second-quarter-financial-results-for-2024-302217815.html