Organon (OGN) Misses Q2 EPS by 1c

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Go back to Organon (OGN) Misses Q2 EPS by 1c

Organon Reports Results for the Second Quarter Ended June 30, 2022

August 4, 2022 7:30 AM EDT

Second quarter 2022 revenues of $1,585 million Second quarter diluted earnings per share from continuing operations of $0.92 and non-GAAP adjusted diluted earnings per share from continuing operations of $1.25 Both reported and non-GAAP adjusted diluted earnings per share include a negative impact of $0.30 for acquired in-process research and development (IPR&D) and milestones Adjusted EBITDA of $512 million, inclusive of $97 million of acquired IPR&D and milestones Board of Directors declares quarterly dividend of $0.28 per share Full year 2022 financial guidance ranges updated: Revenues range narrowed to $6.1 billion to $6.3 billion, and reflects... More