Organon (OGN) Tops Q3 EPS by 15c; Narrows Outlook

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Go back to Organon (OGN) Tops Q3 EPS by 15c; Narrows Outlook

Organon Reports Results for the Third Quarter Ended September 30, 2022

November 3, 2022 7:30 AM EDT

Third quarter 2022 revenues of $1,537 million Third quarter diluted earnings per share from continuing operations of $0.89 and non-GAAP adjusted diluted earnings per share from continuing operations of $1.32 Both reported and non-GAAP adjusted diluted earnings per share include a negative impact of $0.04 for acquired in-process research and development (IPR&D) and milestones Adjusted EBITDA of $546 million, inclusive of $10 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: Revenue range narrowed to $6.1 billion to $6.2 billion and reflects persisting... More