Regeneron Q4 revenues $3.43B (+1% YoY); Dupixent up 31%; full-year guidance issued
REGENERON PHARMACEUTICALS, INC.
- Q4 GAAP EPS $10.19, non-GAAP $11.86; FY GAAP EPS $34.77, non-GAAP $43.79.
- Dupixent global net sales Q4 $3.22B (+31% YoY), FY $11.59B (+33%). EYLEA franchise U.S. net sales down 2% in Q4.
- Pipeline: Dupixent COPD sBLA and linvoseltamab BLA submitted; EYLEA HD approved in EU/Japan.
- FY2024 guidance: GAAP R&D $4.82-5.07B, SG&A $2.89-3.09B, gross margin 86-88%.
- Share repurchases $2.215B in FY2023; $1.5B remain. CFO Robert Landry to retire.