Biogen Q1 adjusted earnings beat estimates comparing to last yearChristian Fernsby ▼ | April 24, 2019
Biogen revealed a profit for its first quarter that rose from the same period last year.
Biogen The company's profit totaled $1.41 billion, or $7.15 per share
Excluding items, Biogen Inc. reported adjusted earnings of $1.37 billion or $6.98 per share for the period.
Analysts had expected the company to earn $6.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 11.5% to $3.49 billion from $3.13 billion last year. ■