LOGO
LOGO

Quick Facts

Regeneron Pharma Posts Profit In Q4

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

biopharmaceutical company Regeneron Pharmaceuticals, Inc. (REGN) posted a net profit for the fourth quarter of $470 million or $4.08 per share, compared to a net loss of $53 million or $0.58 per share in the year-ago quarter.

On a non-GAAP basis, profit was $171 million or $1.47 per share. On average, 15 analysts polled by Thomson Reuters expected the company to report earnings per share of $1.11 for the quarter. Analysts' estimates typically exclude one-time items.

For the quarter, the Company's total revenues surged to $415 million from $123 million in the last year. Total revenues included EYLEA U.S. net product sales of $276 million and collaboration revenues of $127 million in the fourth quarter

For 2013, the company said it expects continued strong U.S. growth for EYLEA and forecast U.S. net sales of $1.2 billion - $1.3 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19