RGEN - Repligen GAAP EPS of $0.53 beats by $0.21 revenue of $159.2M misses by $6.72M
2023-08-02 07:34:29 ET
- Repligen press release ( NASDAQ: RGEN ): Q2 GAAP EPS of $0.53 beats by $0.21 .
- Revenue of $159.2M (-23.3% Y/Y) misses by $6.72M .
- Adjusts full year revenue guidance to range of $635-$665 million.
- Gross margin is expected to be 49.5%-50.5% on a GAAP basis, and 50%-51% on a non-GAAP basis, compared to our previous guidance of 52%-53% for both GAAP and non-GAAP.
- Income from operations is expected to be in the range of $57-$63 million on a GAAP basis, compared to our previous guidance of $111-$116 million.
- Our cash, cash equivalents and short-term investments at June 30, 2023 were $603.7 million, compared to $623.8 million at December 31, 2022.
For further details see:
Repligen GAAP EPS of $0.53 beats by $0.21, revenue of $159.2M misses by $6.72M