earnings
confidence high
sentiment positive
materiality 0.75
Viatris Q3 2023: Revenue $3.94B, net earnings $332M, reaffirms FY adj. EBITDA and FCF guidance
Viatris Inc
2023-Q3 EPS reported
$0.68
revenue$11,589,600,000
- Total revenues $3.94B; U.S. GAAP net earnings $332M; adjusted EBITDA $1.36B; free cash flow $738M.
- Second consecutive quarter of YoY operational revenue growth on a divestiture-adjusted basis.
- Reaffirms full-year 2023 adjusted EBITDA and free cash flow guidance; revises revenue guidance for FX.
- Declares quarterly dividend of $0.12 per share.
- On track to complete all planned divestitures by the end of H1 2024.