- AstraZeneca (NASDAQ:AZN) Q3 results:
- Revenues: $6,578M (+3%); Product Sales: $6,520M (+6%); Collaboration Revenue: $258M (-79%).
- Key product sales: Tagrisso: $1,155M (+30%); Imfinzi: $533M (+29%); Lynparza: $464M (+42%); Symbicort: $599M (-2%); Farxiga: $527M (+32%); Brilinta: $385M (-7%); Nexium: $409M (+7%); Crestor: $301M (-13%); Zoladex: $233M (+1%); Fasenra: $240M (+19%).
- Diversified growth continued across therapy areas and geographically. However, China Pulmicort COVID-19 impact reduced the development.
- Net Income: $651M (+132.5%); EPS: $0.49 (+113%); non-GAAP EPS: $0.94 (-4%).
- CF Ops: $3,001M (+88.3%)
- 2020 Guidance (at CER): Total revenue: growth increase by a high-single digit to a low-double digit percentage (unch); Core EPS: to increase by a mid- to high teens percentage (unch).
- https://seekingalpha.com/news/3631829-astrazeneca-q3-lynparza-salesplus-42-farxiga-sales-up-32-guidance-reiterated
Search This Blog
Thursday, November 5, 2020
AstraZeneca Q3 Lynparza sales +42%, Farxiga sales up 32%
CIGNA EPS beats by $0.18, beats on revenue
- CIGNA (NYSE:CI): Q3 Non-GAAP EPS of $4.41 beats by $0.18; GAAP EPS of $3.78 beats by $0.61.
- Revenue of $40.8B (+13.9% Y/Y) beats by $1.61B.
- Press Release
- https://seekingalpha.com/news/3631880-cigna-eps-beats-0_18-beats-on-revenue
Becton, Dickinson beat on Life Sciences revenue +31% driven by strong COVID-19 testing
- Becton, Dickinson (NYSE:BDX) fiscal Q4 results:
- Revenues: $4,784M (+4.4%); BD Medical: $2,318M (-4.9%); BD Life Sciences: $1,488MM (+31.2%); BD Interventional: $978M (-3.4%).
- BD Life Sciences sales were driven by strong sales related to COVID-19 diagnostic testing solutions in the Diagnostic Systems unit on the BD Veritor and BD Max platforms.
- Net Income: $105M (-15.9%); EPS: $0.36 (-20.0%); non-GAAP EPS: $2.79 (-15.7%).
- CF Ops: $3,539M (+6.3%).
- FY 2021 Guidance: Revenue growth: high single to low double-digits; non-GAAP EPS: non-GAAP EPS: $12.40 - 12.60 (consensus: $12.53).
https://seekingalpha.com/news/3631911-becton-dickinson-beats-fq4-consensus-life-sciences-revenueplus-31-driven-strong-covidminus-19
Regeneron Pharma strong Q3 driven by robust Dupixent and Libtayo sales
- Regeneron Pharmaceuticals (NASDAQ:REGN) Q3 results:
- Revenues: $2,294M (+32%); Eylea total sales: $2,098.3M (+9%); Dupixent global net sales: $1,072.6M (+69%); Libtayo global sales: $96.1M (+87%); Praluent: $91.5M (+31%); Kevzara: $70M (+28%); REGN-COV2: $40.2M.
- Net Income: $842M (+26%); EPS: $7.39 (+26%); non-GAAP Net Income: $961M (+26%); non-GAAP EPS: $8.36 (+25%).
- Net cash used in operations (3 months): $254.3M.
- The Company had robust top and bottom line growth driven by EYLEA in retinal diseases and Dupixent in atopic dermatitis and asthma.
- In 2021, REGN looks forward to potential launches including PD-1 inhibitor Libtayo in non-small cell lung cancer and advanced basal cell carcinoma.
- Lastly, Regeneron's novel antibody cocktail REGN-EB3 recently became the first FDA-approved treatment for Ebola.
- https://seekingalpha.com/news/3631946-regeneron-pharma-posts-strong-q3-driven-robust-dupixent-and-libtayo-sales
Merck scoops up VelosBio for $2.75B
- Merck (NYSE:MRK) strengthens its oncology pipeline, as it has agreed to acquire privately-held VelosBio for $2.75B.
- VelosBio’s lead investigational candidate is VLS-101, an antibody-drug conjugate targeting ROR1, and is currently being evaluated in a Phase 1 and a Phase 2 trial for the treatment of patients with hematologic malignancies and solid tumors, respectively.
- The deal is expected to close by end of this year.
- https://seekingalpha.com/news/3631943-merck-scoops-up-velosbio-for-2_75b
Cardinal Health EPS beats by $0.37, beats on revenue
- Cardinal Health (NYSE:CAH): FQ1 Non-GAAP EPS of $1.51 beats by $0.37; GAAP EPS of -$0.86 misses by $1.66.
- Revenue of $39.07B (+4.6% Y/Y) beats by $930M.
- The company raised FY2021 adjusted EPS outlook to $5.65-$5.95 vs. prior outlook of $5.25-$5.65 and consensus of $5.48.
- Shares +3.16% PM.
- Press Release
- https://seekingalpha.com/news/3631951-cardinal-health-eps-beats-0_37-beats-on-revenue
ANI Pharmaceuticals EPS beats by $0.09, beats on revenue
- ANI Pharmaceuticals (NASDAQ:ANIP): Q3 Non-GAAP EPS of $0.97 beats by $0.09; GAAP EPS of $0.04 beats by $0.14.
- Revenue of $52.98M (+3.2% Y/Y) beats by $1.48M.
- Press Release
- https://seekingalpha.com/news/3631958-ani-pharmaceuticals-eps-beats-0_09-beats-on-revenue
Subscribe to:
Posts (Atom)