earnings
confidence high
sentiment positive
materiality 0.75
Organon Q3 revenue $1.582B (+4% YoY); narrows FY revenue guidance upward to $6.375-6.425B
Organon & Co.
2024-Q3 EPS reported
$2.92
revenue$4,811,000,000
- GAAP diluted EPS $1.38; non-GAAP adjusted diluted EPS $0.87 (includes $0.16 IPR&D charge).
- Women's Health +5% as-reported; Nexplanon grew 11% ex-FX; fertility +14% ex-FX.
- Biosimilars +16% as-reported; Hadlima launch drove uptake; Renflexis +4% ex-FX.
- FY2024 revenue midpoint raised $50M to $6.375-6.425B; Adj. EBITDA margin guide revised to 30-31%.
- Established Brands +2% as-reported; flat ex-FX growth expected for full year.