Biogen(BIIB) - 2024 Q1 - Quarterly Results
BIIBBiogen(BIIB)2024-04-24 19:02

Press Release Cambridge, Mass. – Apr. 24, 2024 Biogen reports first quarter 2024 GAAP EPS growth of 1% and Non-GAAP EPS growth of 8% First quarter revenue 2.3billion;GAAPdilutedEPS2.3 billion; GAAP diluted EPS 2.70; Non-GAAP diluted EPS $3.67 First quarter product revenue decreased 3% and total revenue decreased 7%, while GAAP operating income grew 10% and Non-GAAP operating income grew 24%; meaningful improvement in both gross and operating margins due to Fit for Growth program and R&D prioritization LEQEMBI launch uptake accele ...