OGN - Organon Non-GAAP EPS of $1.31 revenue of $1.61B
2023-08-08 07:34:03 ET
- Organon press release ( NYSE: OGN ): Q2 Non-GAAP EPS of $1.31.
- Revenue of $1.61B (+1.3% Y/Y).
- Shares +2.4% PM.
- Second quarter 2023 diluted earnings per share of $0.95 and non-GAAP Adjusted diluted earnings per share of $1.31
- Adjusted EBITDA of $530 million
- Board of Directors declares quarterly dividend of $0.28 per share
- Full year 2023 financial guidance ranges updated:
- Revenue range narrowed to $6.25 billion to $6.45 billion, primarily reflecting current foreign currency exchange rates
- Adjusted EBITDA margin range now 31.5%-33.0% to incorporate current visibility on IPR&D (in-process research and development) and milestones
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Organon Non-GAAP EPS of $1.31, revenue of $1.61B