earnings
confidence high
sentiment negative
materiality 0.75
Repligen Q4 revenue flat YoY at $186.8M; guides 2023 revenue down 5% to $760-800M
REPLIGEN CORP
2022-FY EPS reported
$3.24
revenue$801,536,000
- Q4 GAAP EPS $0.85 (up from $0.50 YoY); adjusted EPS $0.68 (down from $0.81).
- Full year 2022 revenue $801.5M (+20% YoY); base organic growth 39%.
- 2023 guidance: revenue $760-800M (down from 2022 due to $100-110M COVID decline); base organic growth 12-16%.
- Gross margin declines: Q4 GAAP 51.4% (down 460 bps), full year 56.9%; 2023 guided 52.5-53.5%.
- Launched 10 new products in 2022; cell/gene therapy revenue grew >50%; signed 2 partnerships.