earnings
confidence high
sentiment positive
materiality 0.80
Regeneron Q3 revenue $3.36B (+15%); GAAP EPS $8.89, non-GAAP EPS $11.59; EYLEA HD launch begins
REGENERON PHARMACEUTICALS, INC.
2023-Q3 EPS reported
$24.57
revenue$9,682,900,000
- Revenue $3.363B (+15% YoY); GAAP EPS $8.89, non-GAAP EPS $11.59.
- EYLEA HD launched post-FDA approval, generated $43M U.S. net sales in Q3.
- Dupixent global net sales (Sanofi) $3.10B (+33% YoY); Libtayo global net sales $232M (+62%).
- FDA accepted priority reviews for odronextamab in FL/DLBCL and Dupixent in pediatric EoE; CRL for Dupixent in CSU.
- CFO Robert Landry to retire Feb 2024; Christopher Fenimore to succeed.