earnings
confidence high
sentiment positive
materiality 0.85
Maravai Q3 revenue up 133% to $204.8M; raises 2021 guidance, provides 2022 outlook
MARAVAI LIFESCIENCES HOLDINGS, INC.
2021-Q3 EPS reported
$1.14
revenue$570,796,000
- Q3 revenue $204.8M (+133% YoY); net income $132.8M (+240%); Adj EBITDA $156.0M.
- Nucleic Acid Production revenue $182.9M (+170% YoY) on demand for CleanCap mRNA vaccine components.
- 2021 guidance raised: revenue $770-780M, Adj EBITDA $570-575M, Adj diluted EPS $1.48-$1.52.
- Initial 2022 revenue guidance $840-880M, representing ~11-14% growth at midpoint after adjusting for divestiture.
- Completed sale of Protein Detection business; published inaugural ESG report.