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Stock impact report

Repligen (RGEN) Q1 Earnings Miss, Revenues Beat Estimates [Yahoo! Finance]

Repligen Corporation (RGEN) 
Last repligen corporation earnings: 2/20 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: repligen.com/investors
Company Research Source: Yahoo! Finance
The company had recorded adjusted earnings of 64 cents per share in the year-ago quarter. Total revenues were $151.3 million, down 17.2% year over year on a reported basis and 20% organically. Revenues, however, beat the Zacks Consensus Estimate of $150 million. The year-over-year decrease in total revenues can be attributed to the absence of COVID-related revenues and the expected decrease in revenues from protein franchisees. Shares of Repligen have declined 11.9% so far this year compared with the industry's 10.5% decline. Image Source: Zacks Investment Research Quarter in Detail The company reported product revenues of $151.3 million, down 17.1% from the year-ago period. It also reported royalty and other revenues of $0.04 million, almost flat year over year. Repligen's base business revenues of $145 million declined 9.4% year over year, owing to the anticipated decline in revenues from proteins business on lower affinity ligands and resin demand. The company's bas Show less Read more
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