Genmab Q3 revenues up YoY, earnings fall; raises 2015 outlook

4 November 2015

Danish biotech company Genmab (OMX: GEN) reported higher third-quarter revenue while earnings dropped.

The company reported revenue of 277.8 million Danish kroner ($40.7 million) up 2.3% against 271.5 million kroner a year ago. Earnings per share dropped 15.6% to 2.38 kroner versus 2.82 kroner a year earlier.

Net income was down 12.3% at 140.3 million kroner from 159.9 million kroner in the year ago quarter.

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