Repligen Corp Q1 Profit Increases, Beats Estimates

Repligen Corp (RGEN) reported earnings for its first quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $5.83 million, or $0.10 per share. This compares with $3.30 million, or $0.06 per share, last year.

Excluding items, Repligen Corp reported adjusted earnings of $22.24 million or $0.39 per share for the period.

Analysts on average had expected the company to earn $0.35 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 10.4% to $169.17 million from $153.18 million last year.

Repligen Corp earnings at a glance (GAAP) :

-Earnings: $5.83 Mln. vs. $3.30 Mln. last year.
-EPS: $0.10 vs. $0.06 last year.
-Revenue: $169.17 Mln vs. $153.18 Mln last year.

-Guidance:
Full year EPS guidance: $1.63 - $1.72
Full year revenue guidance: $695 - $720 Mln

by RTTNews Staff Writer

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