Viatris Inc. Reports Strong First Quarter 2021 Financial Results, Reaffirms 2021 Guidance and Announces Inaugural Quarterly Dividend

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Go back to Viatris Inc. Reports Strong First Quarter 2021 Financial Results, Reaffirms 2021 Guidance and Announces Inaugural Quarterly Dividend

Viatris Inc (VTRS) Reports Q1 Revenues Beat; Reaffirms FY21 Revenues Outlook

May 10, 2021 7:02 AM EDT

Viatris Inc (NASDAQ: VTRS) reported Q1 EPS of ($0.86), $1.66 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.21 billion.

Reports First Quarter 2021 Financial Results - Total Revenue of $4.4 billion, U.S. GAAP net loss of $1.0 billion, Adjusted EBITDA of $1.6 billion, U.S. GAAP net cash provided by operating activities of $849 million, Free cash flow of $799 millionBoard of Directors Declares a Quarterly Dividend of Eleven Cents ($0.11) per ShareGenerates $163 Million in New Product Revenue in the First QuarterContinues Solid Progress in Advancing Key... More