BeiGene Swings to Q1 Adjusted Earnings, Revenue Increases; 2025 Revenue Outlook Reiterated

MT Newswires Live
05-07

BeiGene (ONC) reported Q1 adjusted earnings Wednesday of $1.22 per diluted American depositary share, swinging from an adjusted loss of $1.40 a year earlier.

Comparable analyst estimates were not readily available.

Revenue for the quarter ended March 31 was $1.12 billion, up from $751.7 million a year earlier.

Analysts surveyed by FactSet expected $1.13 billion.

For 2025, the biotech company continues to expect revenue of $4.9 billion to $5.3 billion.

Analysts polled by FactSet expect $5.07 billion.

Shares of the company were down more than 5% in recent premarket activity.

Price: 229.00, Change: -12.75, Percent Change: -5.27

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