Bioverativ Reports Fourth Quarter and Full Year 2017 Performance
BIOVERATIV INC COMMON (BIVV)
Last bioverativ inc common earnings: 2/13 04:15 pm
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US:NASDAQ Investor Relations:
investors.bioverativ.com/phoenix.zhtml?c=254463&p=irol-irhome_pf
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Source: Business Wire
Full year 2017 year-over-year revenues up 31.7% Fourth quarter revenues up 28.3% year-over-year Full year 2017 GAAP operating margin of 38.3%; Non-GAAP operating margin of 46.5% Full year cash flows from operations of $591 million WALTHAM, Mass.--(BUSINESS WIRE)-- Bioverativ Inc. (NASDAQ: BIVV) today reported financial results for the fourth quarter and full year of 2017. Key financial results include: Fourth quarter 2017 revenues of $328.7 million, up 28.3% year-over-year Fourth quarter 2017 revenues increased $37.1 million over third quarter 2017, up 12.7% Fourth quarter 2017 GAAP net income of $141.3 million; Non-GAAP net income of $103.3 million Full year 2017 GAAP tax rate of 21.3%; Non-GAAP tax rate of 34.3% “We are proud of our accomplishments in 2
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