Post-pandemic, Eylea and Dupixent push growth at Regeneron

3 November 2022

Revenues at Regeneron (Nasdaq: REGN) came in at $2.9 billion in the third quarter of 2022 slightly higher than most analysts’ were expecting, but still 15% lower than the same period of 2021.

Net income, following Generally Accepted Accounting Principles (GAAP), fell 19% to $1.3 billion, yielding a net earnings per share figure of $11.6.

The drop in sales is a reflection of last year’s pandemic-related income from antibody therapy REGEN-COV. Excluding this, the firm saw an 11% jump in revenues.

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