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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
๊ฐ€์ž… March 2022
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REGENERON $REGN Q3โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $5.1B (Est. $4.54B) ๐ŸŸข; +36% YoY ๐Ÿ”น Adj. EPS: $20.07 (Est. $16.24) ๐ŸŸข; +70% YoY ๐Ÿ”น Dupixent Global Net Sales: $6.5B; +35% YoY ๐Ÿ”น EYLEA HD U.S. Net Sales: $699M; +62% YoY FY26 Guide: ๐Ÿ”น Non-GAAP R&D: $6.05B-$6.15B; from $5.95B-$6.05B ๐Ÿ”น Non-GAAP SG&A: $2.4B-$2.5B; from $2.5B-$2.6B ๐Ÿ”น Non-GAAP Gross Margin: 86%; from 84%-85% ๐Ÿ”น Capital Expenditures: $1.05B-$1.10B; from $1.03B-$1.10B Product Net Sales: ๐Ÿ”น Dupixent (Global): $6.5B; +35% YoY ๐Ÿ”น EYLEA HD - U.S.: $699M; +62% YoY ๐Ÿ”น EYLEA - U.S.: $400M; -41% YoY ๐Ÿ”น Libtayo - Global: $550M; +51% YoY ๐Ÿ”น Sanofi Collab. Revenue: $2.72B; +68% YoY Other Q3 Metrics: ๐Ÿ”น Non-GAAP Gross Margin: 86%; flat YoY ๐Ÿ”น Non-GAAP ETR: 15%; +190 bps YoY Capital Return: ๐Ÿ”น Buybacks: $2.3B ๐Ÿ”น Remaining Authorization: $2.2B ๐Ÿ”น Dividend: $0.94/share Key Updates: ๐Ÿ”น Sanofi Collaboration: $1.0B up-front; up to $7.0B in future milestones ๐Ÿ”น Pasatru: FDA approved for FOP Comments: ๐Ÿ”ธ โ€œThis was an outstanding quarter for Regeneron, with Dupixent, EYLEA HD, and Libtayo each achieving record net salesโ€ ๐Ÿ”ธ โ€œFinally, we expanded our alliance with Sanofi to include four Regeneron-invented, next-generation, long-acting antibodies designed to build on the success of Dupixent.โ€
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