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Biogen Q2 Revenue and Adjusted EPS Beat Expectations, Guidance Raised

InvestorsHub +13 ·

BIIB Biogen Inc
$222.89 -0.31%
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  1. 1Biogen (BIIB) reported Q2 revenue of $2.74 billion, exceeding the Bloomberg consensus of $2.47 billion
  2. 2Adjusted EPS came in at $3.60, beating the $2.89 estimate, while growth portfolio revenue rose 24% to $1.06 billion
  3. 3The company raised its full-year underlying non-GAAP diluted EPS guidance to $15.85–$16.85 and forecast mid-single-digit revenue growth for the year

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