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8-K filed November 7, 2023, 6:59 PM ET ticker ELAN CIK 0001739104
earnings confidence high sentiment negative materiality 0.80

Elanco reports Q3 2023 net loss of $1,096M on $1,042M goodwill impairment; raises adjusted EPS guidance

Elanco Animal Health Inc

2023-Q3 EPS reported -$2.21 revenue$3,382,000,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Elanco Animal Health Inc reported the fiscal quarter ended September 30, 2023 results: revenue Revenue of $1,068 million, net income Reported Net Loss of $1,096 million, EPS Reported EPS of $(2.22).

Period
the fiscal quarter ended September 30, 2023
Revenue
Revenue of $1,068 million
Net income
Reported Net Loss of $1,096 million
EPS
Reported EPS of $(2.22)
Result
reported results
Exact text from the filing
Elanco Animal Health Reports Third Quarter 2023 Results • Third Quarter 2023 Financial Results ◦ Revenue of $1,068 million, representing 4% reported growth or 5% excluding the impact of foreign exchange rates ◦ Reported Net Loss of $1,096 million, inclusive of a non-cash goodwill impairment charge of $1,042 million primarily related to increased long-term treasury rates ◦ Adjusted EBITDA of $214 million, or 20.0% of Revenue ◦ Reported EPS of $(2.22) inclusive of a $(2.10) per share impact of goodwill impairment charge, Adjusted EPS of $0.18
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Elanco Animal Health Inc reported full year 2023 results: revenue Revenue of $4,360 to $4,400 million, net income Reported Net Loss of $1,174 to $1,204 million, EPS Reported diluted EPS of $(2.43) to $(2.37).

Period
full year 2023
Revenue
Revenue of $4,360 to $4,400 million
Net income
Reported Net Loss of $1,174 to $1,204 million
EPS
Reported diluted EPS of $(2.43) to $(2.37)
Result
guidance update
Exact text from the filing
Updating full year 2023 guidance to reflect third quarter outperformance offset by expected unfavorable impact of foreign exchange rates: ◦ Revenue of $4,360 to $4,400 million, constant currency growth improves to flat to 1% ◦ Reported Net Loss of $1,174 to $1,204 million, Reported diluted EPS of $(2.43) to $(2.37) ◦ Adjusted EPS of $0.88 to $0.94, Adjusted EBITDA of $965 to $1,000 million
View on SEC.gov

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Source: SEC EDGAR
accession 0001739104-23-000021
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