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Stock impact report

Regeneron Tops Q1 Estimates on Dupixent Momentum [Yahoo! Finance]

Regeneron Pharmaceuticals, Inc. (REGN) 
Last regeneron pharmaceuticals, inc. earnings: 2/6 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.regeneron.com
Company Research Source: Yahoo! Finance
Adjusted earnings per share came in at $9.47, ahead of the analyst consensus of $8.97 by $0.50. Revenue reached $3.6 billion, up 19% year over year from $3.0 billion and above the $3.48 billion estimate. Shares rose 1.4% following the announcement. Global net sales of Dupixent, recorded by Sanofi, climbed 33% to $4.9 billion, driving a 36% increase in collaboration revenue to $1.6 billion. In contrast, combined U.S. net sales of EYLEA HD and EYLEA declined 10% to $941 million. EYLEA HD sales rose 52% to $468 million, while legacy EYLEA revenue dropped 36% to $473 million due to competitive pressures and ongoing patient transitions to the newer formulation. “In the first quarter of this year, we were able to achieve strong double-digit growth on both the top and bottom line while continuing to invest significant resources in our portfolio of nearly 50 product candidates in clinical development,” said Leonard S. Schleifer. The company's GAAP gross margin on net product sales de Show less Read more
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