BioMarin Pharmaceutical(BMRN)
Search documents
Rare Disease-Focused BioMarin Narrows Sales Focus, Cuts Cost For Hemophilia A Gene Therapy; Lifts Annual Guidance
Benzinga· 2024-08-06 19:06
BioMarin Pharmaceutical Inc. BMRN announced an update on its Roctavian business to focus commercial operations on three markets: the U.S., Germany and Italy. These markets are where the medicine is approved and reimbursed as a severe hemophilia A treatment. The company will adjust its Roctavian efforts and reduce additional investments in development and manufacturing. BioMarin anticipates reducing annual direct Roctavian expenses to approximately $60 million beginning in 2025. The company has already begun ...
BioMarin (BMRN) Q2 Earnings & Sales Top Estimates, Ups '24 View
ZACKS· 2024-08-06 15:35
BioMarin Pharmaceutical Inc. (BMRN) reported adjusted earnings per share of 96 cents in second-quarter 2024, beating the Zacks Consensus Estimate of 57 cents. Quarterly earnings, which rose 78% year over year, were driven by higher sales that were partially offset by rising operating expenses. Total revenues were $712.0 million in the reported quarter, up 20% year over year on a reported basis and 25% on a constant-currency basis. Strong sales of Voxzogo drove this upside. The top line beat the Zacks Consen ...
BioMarin Pharmaceutical(BMRN) - 2024 Q2 - Earnings Call Transcript
2024-08-06 01:35
BioMarin Pharmaceutical Inc. (NASDAQ:BMRN) Q2 2024 Results Conference Call August 5, 2024 5:30 PM ET Company Participants Traci McCarty - Head of Investor Relations Alexander Hardy - President and Chief Executive Officer Hank Fuchs - President, Worldwide Research & Development Brian Mueller - Executive Vice President, Chief Financial Officer Cristin Hubbard - Executive Vice President, Chief Commercial Officer Conference Call Participants Phil Nadeau - TD Cowen Salveen Richter - Goldman Sachs Ellie Merle - U ...
BioMarin Pharmaceutical(BMRN) - 2024 Q2 - Quarterly Report
2024-08-05 20:35
Table of Contents Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 BMRN The Nasdaq Global Select Market ______________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ Form 10-Q ______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANG ...
BioMarin Pharmaceutical(BMRN) - 2024 Q2 - Quarterly Results
2024-08-05 20:05
Exhibit 99.1 BIOMARIN® Contact: Investors: Media: Traci McCarty Marni Kottle BioMarin Pharmaceutical Inc. BioMarin Pharmaceutical Inc. (415) 455-7558 (650) 374-2803 BioMarin Announces 20% Y/Y Total Revenue Growth in the Second Quarter and Increase in Full-year 2024 Guidance Second Quarter 2024 Total Revenues of $712 million (+20% Y/Y and +25% at Constant Currency Y/Y); First Half 2024 Total Revenues of $1.36 billion (+14% Y/Y and +19% at Constant Currency Y/Y) Second Quarter 2024 GAAP Diluted EPS of $0.55 ( ...
Wall Street's Insights Into Key Metrics Ahead of BioMarin (BMRN) Q2 Earnings
ZACKS· 2024-07-31 14:20
Analysts on Wall Street project that BioMarin Pharmaceutical (BMRN) will announce quarterly earnings of $0.57 per share in its forthcoming report, representing an increase of 5.6% year over year. Revenues are projected to reach $660.51 million, increasing 11% from the same quarter last year. While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a ...
U.S. Food and Drug Administration Approves BioMarin's BRINEURA® (cerliponase alfa) for Children Under 3 Years with CLN2 Disease
Prnewswire· 2024-07-24 20:05
Now Approved for Children of All Ages with CLN2 Batten Disease, Regardless of Whether They Yet Show Symptoms The sBLA is supported by data from Study 190-203, a Phase 2, open-label, multicenter trial evaluating BRINEURA treatment over the span of approximately three years in children aged 1-6 years at baseline, including eight children less than 3 years of age. Results from Study 190-203, which were presented at the 20th Annual We're Organizing Research on Lysosomal Diseases meeting (WORLDSymposium) in Febr ...
Why BioMarin (BMRN) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-07-24 17:11
Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering BioMarin Pharmaceutical (BMRN) , which belongs to the Zacks Medical - Biomedical and Genetics industry. For the last reported quarter, BioMarin came out with earnings of $0.71 per share versus the Zacks Consensus Estimate of $0.60 per share, representing a surprise of 18.33%. For the previous quarter, the company was expected to post earnings of $0.44 per sha ...
BioMarin to Host Second Quarter 2024 Financial Results Conference Call and Webcast on Monday, August 5, 2024, at 4:30pm ET
Prnewswire· 2024-07-23 12:00
SAN RAFAEL, Calif., July 23, 2024 /PRNewswire/ -- BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) today announced that Alexander Hardy, President and Chief Executive Officer of BioMarin, will host a conference call and webcast on Monday, August 5, 2024, at 4:30 p.m. ET to discuss second quarter 2024 financial results and provide a general business update. Contacts: Investors Media Traci McCarty Marni Kottle BioMarin Pharmaceutical Inc.BioMarin Pharmaceutical Inc. (415) 455-7558 (650) 374-2803 Dial-in Number U.S ...
BioMarin Pharmaceutical (BMRN) Earnings Expected to Grow: What to Know Ahead of Q2 Release
ZACKS· 2024-07-22 15:06
BioMarin Pharmaceutical (BMRN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, th ...