ELAN - Elanco Non-GAAP EPS of $0.19 beats by $0.06 revenue of $988M beats by $7.06M initiates FY23 guidance

• Elanco press release ( NYSE: ELAN ): Q4 Non-GAAP EPS of $0.19 beats by $0.06 .
• Revenue of $988M (-11.0% Y/Y) beats by $7.06M .
• Adjusted EBITDA of $174 million or 17.6% of Revenue
• Full Year 2023 Guidance:
• • Revenue of $4,280 to $4,400 million vs. consensus of $4.37B
  • Reported Net Loss of $(157) to $(109) million, Adjusted EBITDA of $920 to $1,000 million
  • Reported EPS of $(0.32) to $(0.22), Adjusted EPS of $0.74 to $0.83 vs. consensus of $0.99

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