earnings
confidence high
sentiment positive
materiality 0.85
Repligen Q3 revenue $178.2M (+89% YoY); raises FY 2021 revenue guidance to $655-665M
REPLIGEN CORP
2021-Q3 EPS reported
$1.74
revenue$484,013,000
- Revenue hit a record $178.2M in Q3 2021, up 89% YoY as reported and 77% organically.
- GAAP EPS of $0.58, Adjusted EPS of $0.78; GAAP operating margin rose to 25.4%.
- FY 2021 revenue guidance raised to $655-665M (prior $625-645M); adjusted EPS guidance raised to $2.86-$2.91.
- Completed acquisition of affinity ligands innovator Avitide Inc. during the quarter.
- COVID programs contributed 27% of Q3 revenue; base business grew 49% YoY.