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Stock impact report

Organon Reports Results for the First Quarter Ended March 31, 2024

Organon & Co. (OGN) 
Company Research Source: Business Wire
First quarter 2024 revenue of $1,622 million, up 5% on an as-reported basis and 7% at constant currencyFirst quarter 2024 diluted earnings per share of $0.78 and non-GAAP Adjusted diluted earnings per share of $1.22; both reported and non-GAAP Adjusted diluted earnings per share include $15 million expense, or $(0.05) per share, for acquired in-process research and development (IPR&D) and milestonesFirst quarter 2024 net income of $201 million and Adjusted EBITDA (non-GAAP) of $538 millionFull year 2024 financial guidance ranges affirmed JERSEY CITY, N.J.--(BUSINESS WIRE)--Organon (NYSE: OGN) today announced its results for the first quarter ended March 31, 2024."We entered this year with a clear focus: to deliver our 2024 financial targets while staying true to our mission of improving the health of women, and the first quarter was a very solid start," said Kevin Ali, Organon's Chief Executive Officer. "We remain confident in our ability to deliver our third year of revenue growth Show less Read more
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