earnings
confidence high
sentiment positive
materiality 0.75
BeiGene Q4 revenue $634M (+67% YoY); BRUKINSA sales $413M (+135%); operating loss narrows
BeOne Medicines Ltd.
2023-FY EPS reported
-$0.65
revenue$2,458,779,000
- Record total revenue $634M in Q4 (+67% YoY) and $2.5B full year (+74%); product revenue $630.5M (+86%).
- BRUKINSA global sales $413M in Q4 (+135% YoY) and $1.3B full year (+129%); U.S. revenue $313M in Q4.
- GAAP operating loss $383.8M in Q4, down 18% YoY; adjusted operating loss $267.2M, down 28%.
- FDA approved BRUKINSA label update for PFS superiority in CLL; EU approved for R/R follicular lymphoma.
- Advanced pipeline: sonrotoclax Phase 3 in CLL started; BTK CDAC BGB-16673 early data; TEVIMBRA CHMP positive opinion for NSCLC.