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Repligen Q4 Earnings Momentum Highlights Market Growth, Issues Strong 2025 Outlook
RGENRepligen(RGEN) Benzinga·2025-02-20 19:00

Core Insights - Repligen Corp reported a fourth-quarter adjusted EPS of 44 cents, down from 48 cents a year ago, but above the consensus estimate of 41 cents [1] - The company achieved sales of 167.55million,slightlyupfrom167.55 million, slightly up from 166.6 million a year ago, aligning closely with the consensus of 167.67million[1]FinancialPerformance−Totalrevenueinthefourthquartergrewby13167.67 million [1] Financial Performance - Total revenue in the fourth quarter grew by 13% when excluding COVID-19 impacts, despite facing a two-point currency headwind [2] - Total orders exceeded sales by 6%, driven by the Filtration and Analytics franchises [2] - The company expects adjusted EPS for 2025 to be in the range of 1.67 to 1.76,comparedtotheconsensusof1.76, compared to the consensus of 1.73 [3] Market Outlook - Repligen anticipates 2025 sales between 685millionand685 million and 710 million, with organic growth projected at 9.5% to 13.5% and non-COVID revenue growth of 10% to 14%, compared to the consensus of 694.86million[2]−AnalystsindicatethatRepligen′sQ4resultsand2025outlookconfirmastrongrecoveryinthebioprocessingindustry,withgrowthexpectedtonormalizenextyear[3]CompetitivePositioning−ComparedtopeerslikeDanaherCorporationandAvantorInc,whichprojectmid−to−highsingle−digitgrowth,Repligen′soutlookreflectsastrongproductportfolioandcustomerpositioning,leadingtoconsistentabove−marketgrowth[4]−Thecompany′sfocussolelyonbioprocessingandminimalexposuretoNIH−fundedresearchandacademiamakesitsguidancemorepredictablethanthatofcompetitorswithbroadermarketexposure[4]StockPerformance−Repligen′sstockpriceincreasedby8.16694.86 million [2] - Analysts indicate that Repligen's Q4 results and 2025 outlook confirm a strong recovery in the bioprocessing industry, with growth expected to normalize next year [3] Competitive Positioning - Compared to peers like Danaher Corporation and Avantor Inc, which project mid-to-high single-digit growth, Repligen's outlook reflects a strong product portfolio and customer positioning, leading to consistent above-market growth [4] - The company's focus solely on bioprocessing and minimal exposure to NIH-funded research and academia makes its guidance more predictable than that of competitors with broader market exposure [4] Stock Performance - Repligen's stock price increased by 8.16%, reaching 163.03 [5]