Biogen (BIIB) Tops Q3 EPS by 61c

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Biogen Reports Quarterly Revenues of $3.1 Billion

October 24, 2017 6:59 AM EDT

Total revenues grew 4% or 13% excluding hemophilia revenues*

GAAP diluted EPS rise 23%; Non-GAAP diluted EPS rise 22%

Company advances its strategic priorities

Company restructures collaboration arrangements with Eisai and Neurimmune to improve long-term value of aducanumab

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Biogen Inc. (NASDAQ: BIIB) today reported third quarter 2017 financial results, including:

Total revenues of $3.1 billion, a 4% increase versus the prior year or a 13% increase excluding hemophilia revenues*. Multiple sclerosis (MS) revenues, including approximately $65... More