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Emergent BioSolutions Reports Fourth Quarter 2023 Financial Results
Newsfilter· 2024-03-06 21:31
Fourth Quarter 2023 Total Revenues of $277 million, which aligned our Full Year to the mid-point of guidanceFull Year 2023 Total Revenues of $1.05 billion, which was the mid-point of guidanceFourth Quarter 2023 Net Loss of $50 million and Adjusted EBITDA of $3 millionIssues Q1 2024 and FY 2024 guidance GAITHERSBURG, Md., March 06, 2024 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE:EBS) today reported financial results for the quarter and year ended December 31, 2023. "Emergent has a long history of h ...
Why Is Emergent BioSolutions (EBS) Stock Up 70% Today?
InvestorPlace· 2024-02-21 20:24
In today’s market, one of the biggest winners generating outsized interest is Emergent Biosolutions (NYSE:EBS). This mid-cap biotech company remains a unique turnaround story for investors, and many appear to be placing their bets on this company to come out of the pile as a key winner. Indeed, EBS stock has surged over 70% higher on some intriguing news this afternoon.The company’s turnaround efforts appear to be receiving a jolt today, with Emergent announcing Joseph Papa will be joining the company as it ...
Emergent (EBS) Gets $235.8M DoD Contract for Anthrax Vaccine
Zacks Investment Research· 2024-01-12 20:47
Emergent BioSolutions (EBS) signed an indefinite-delivery, indefinite-quantity (IDIQ) procurement contract for a maximum value of up to $235.8 million with the U.S. Department of Defense (DoD) to supply its anthrax vaccine BioThrax.The vaccine is intended for use by all branches of the United States military as pre-exposure prophylaxis (PrEP) for anthrax disease.The procurement contract consists of a five-year base agreement ending on Sep 30, 2028, with an option to extend the contract for an additional fiv ...
Emergent BioSolutions Awarded Procurement Contract Valued up to $235.8 Million to Supply BioThrax® (Anthrax Vaccine Adsorbed) to the U.S. Department of Defense
Newsfilter· 2024-01-11 13:00
GAITHERSBURG, Md., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE:EBS) today announced that it has secured an indefinite-delivery, indefinite-quantity (IDIQ) procurement contract with a maximum value up to $235.8 million to supply BioThrax® (Anthrax Vaccine Adsorbed) for use by all branches of the U.S. military as Pre-Exposure Prophylaxis (PrEP) for anthrax disease. The new contract with the U.S. Department of Defense (DoD) and led by the Joint Program Executive Office for Chemical, Biol ...
Emergent BioSolutions to Present at the 42nd Annual J.P. Morgan Healthcare Conference on January 11, 2024
Newsfilter· 2024-01-09 12:30
GAITHERSBURG, Md., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Emergent BioSolutions (NYSE:EBS), a global company providing solutions that address public health threats and brings lifesaving, life-extending products to market, today announced that Haywood Miller, Interim Chief Executive Officer and Rich Lindahl, Chief Financial Officer, will present at the 42nd Annual J.P. Morgan Healthcare Conference on Thursday, January 11, 2024, at 9:00 a.m. PT. The audio link for Emergent's session may be accessed here, and will ...
Emergent BioSolutions stock pulls back, after rallying last week in wake of Biden administration's endorsement of overdose medications
Market Watch· 2023-12-26 13:55
Shares of Emergent BioSolutions Inc. EBS, -3.63% slumped 2.8% in afternoon trading Tuesday, after surging more than 11% over the past two sessions, including Friday’s 8.3% rally. The rally to end last week came in the wake of an announcement by the Biden administration that overdose reversal medications like naloxone, also known has Narcan, will be made available at safety stations in federal facilities. The administration also indicated that the medications should be as available everywhere. “These lifesa ...
Emergent BioSolutions(EBS) - 2023 Q3 - Quarterly Report
2023-12-10 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33137 EMERGENT BIOSOLUTIONS INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 14-1902018 (State or Other Jurisdicti ...
Emergent BioSolutions(EBS) - 2023 Q3 - Earnings Call Presentation
2023-11-09 04:07
INTRODUCTION This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, including statements regarding the future performance of the Company or our business strategy, future operations, future financial position, future revenues and earnings, our ability to achieve the objectives of our restructuring initiatives, including our future results, projected costs, prospects, plans and ...
Emergent BioSolutions(EBS) - 2023 Q3 - Earnings Call Transcript
2023-11-09 04:06
Emergent BioSolutions Inc. (NYSE:EBS) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET Company Participants Haywood Miller - Interim Chief Executive Officer Paul Williams - Senior Vice President and Head, Product Business Rich Lindahl - Executive Vice President and CFO Conference Call Participants Nick Lorusso - TD Cowen Frank DiLorenzo - Singular Research Operator Good afternoon, everyone. I am the operator for today’s call. Thank you for joining today as Emergent discusses the Operational and ...
Emergent BioSolutions(EBS) - 2023 Q2 - Earnings Call Presentation
2023-08-10 08:41
Q2 2023 Financial Results Update Introduction Q2 2023 Update PROPRIETARY AND CONFIDENTIAL 2 Safe Harbor Statement/Trademarks There are a number of important factors that could cause our actual results to differ materially from those indicated by such forward-looking statements, including, among others, the availability of USG funding for contracts related to procurement of our medical countermeasures, including CYFENDUSTM (Anthrax Vaccine Adsorbed (AVA), Adjuvanted), BioThrax® (Anthrax Vaccine Adsorbed) and ...