Regeneron Pharmaceuticals Inc

REGN: XNAS (USA)
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Regeneron Pharmaceuticals Earnings: Top- and Bottom-Line Double-Digit Growth Despite Eylea Declines

Year over year in the quarter, revenue grew 19% and adjusted EPS rose 15%. GAAP gross profit margin on product sales fell 5 percentage points, and Regeneron lowered its guidance range for non-GAAP gross margin on product sales to 77%-78%, or 1 percentage point lower than previous guidance.

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