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Stock impact report

Repligen Corp (RGEN) Reports Decline in 2023 Revenue and Net Income [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
Earnings Per Share (EPS) : GAAP EPS of $0.74 for 2023, compared to $3.24 in 2022. Gross Margin : GAAP gross margin of 44.6% for 2023, compared to 56.9% in 2022. 2024 Financial Guidance : Total reported revenue projected to be $620M-$650M. Warning! GuruFocus has detected 4 Warning Sign with ALIT. On February 21, 2024, Repligen Corp ( NASDAQ:RGEN ) released its 8-K filing , detailing the company's financial results for the fourth quarter and full year of 2023. As a global life sciences company, Repligen is known for its bioprocessing technologies that serve biopharmaceutical companies and contract manufacturers worldwide. Despite a strong order book, the company faced a challenging year with a decline in both revenue and net income. Financial Performance Overview Repligen's total revenue for 2023 was $638.8 million, a significant decrease from $801.5 million in 2022. The company's net income also saw a sharp decline, falling to $41.6 million from $186.0 million in the previ Show less Read more
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