Repligen Reports First Quarter 2019 Financial Results and Updates Full Year 2019 Financial Guidance
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Repligen (RGEN) Tops Q1 EPS by 7c, Revenues Beat; Raises FY19 EPS/Revenue Guidance
May 9, 2019 7:37 AM EDTRepligen (NASDAQ: RGEN) reported Q1 EPS of $0.28, $0.07 better than the analyst estimate of $0.21. Revenue for the quarter came in at $60.6 million versus the consensus estimate of $53.62 million.
Revenue increased by 35% year-over-year, and 37% organically, to a record $60.6 millionGAAP income from operations increased 510 bps to 18.4% of revenueAdjusted (non-GAAP) income from operations increased 500 bps to 25.7% of revenueGAAP fully-diluted EPS increased to $0.17 compared to $0.08 for the first quarter of 2018Adjusted (non-GAAP) fully-diluted EPS increased to $0.28 compared to $0.17 for the first quarter of 2018Tony J. Hunt, President and Chief Executive... More
