Biogen (BIIB) Granted EU Approval of SKYCLARYS

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Biogen (BIIB) falls as earnings, revenue misses consensus

February 13, 2024 7:24 AM EST

Biogen (NASDAQ: BIIB) shares are down more than 5% premarket Tuesday after the company reported earnings for its latest quarter, missing the consensus profit and revenue estimate.

The biotechnology firm reported fourth-quarter earnings of $2.95 per share, $0.23 worse than the analyst estimate of $3.18.... More