Viatris Inc (VTRS) Misses Q3 EPS by 62c, Revenue Beats, Updates Guidance
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Viatris Reports Strong Third Quarter Results, Raises 2021 Financial Guidance and Announces Virtual Investor Event on January 7, 2022
November 8, 2021 6:59 AM ESTPITTSBURGH, Nov. 8, 2021 /PRNewswire/ --
Reports Third Quarter 2021 Financial Results: Total Revenues of $4.54 billion; U.S. GAAP Net Earnings of $312 million; Adjusted EBITDA of $1.70 billion; U.S. GAAP Net Cash Provided by Operating Activities of $1.09 billion; and Free Cash Flow of $965 millionRaises 2021 Financial Guidance (1): Total Revenues Guidance Range to $17.70 billion to $17.90 billion, from $17.50 billion to $17.90 billion; Adjusted EBITDA Guidance Range to $6.30 billion to $6.50 billion, from $6.15 billion to $6.45 billion; and Free Cash Flow Guidance Range to $2.40 billion to $2.60 billion, from $2.20 billion to $2.40 billionReturned $266 million to... More