Viatris Q1 revenue $3.73B, net earnings $225M, adjusted EBITDA $1.34B; reaffirms full-year guidance

Viatris Inc

2023-Q1 EPS reported $0.19 revenue$3,729,100,000

Total revenues $3.73B; US GAAP net earnings $225M; adjusted EBITDA $1.34B; free cash flow $923M.
Debt paydown of $546M in Q1; total ~$6B since 2021.
Returned ~$400M to shareholders: $250M share repurchases (21.2M shares) and dividends.
Board declared $0.12 quarterly dividend payable June 16, 2023 to holders of record May 24.
Reaffirmed 2023 revenue, adjusted EBITDA and FCF guidance at midpoint; 2024 Phase 2 outlook unchanged.

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