Viatris Inc (VTRS) Reports Q1 Revenues Beat; Reaffirms FY21 Revenues Outlook
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Viatris Inc. Reports Strong First Quarter 2021 Financial Results, Reaffirms 2021 Guidance and Announces Inaugural Quarterly Dividend
May 10, 2021 6:59 AM EDTPITTSBURGH, May 10, 2021 /PRNewswire/ --
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 million Board of Directors Declares a Quarterly Dividend of Eleven Cents ($0.11) per Share Generates $163 Million in New Product Revenue in the First Quarter Continues Solid Progress in Advancing Key Pipeline Programs Remains on Track to Achieve Approximately $500 Million in Synergies in 2021 Reaffirms Financial Guidance for... More