Core Insights - Repligen Corporation reported a strong second quarter in 2025 with a 17% organic non-COVID growth and a 15% increase in revenue year-over-year, reaching $182 million [2][6][19] - The company raised its full-year revenue guidance to a range of $715 million to $735 million, reflecting a 12.5% to 15.5% year-over-year non-COVID organic growth [6][10] - The company experienced broad-based revenue strength across all franchises, with consumables up over 20% and capital equipment growing in the high teens [7][19] Financial Performance - Q2 2025 revenue was $182 million, a 15% increase from the previous year, with orders growing over 20% year-over-year [6][19] - GAAP net income for Q2 2025 was $15 million, compared to $6 million in Q2 2024, while adjusted net income was $21 million compared to $22 million [6][19][23] - Gross margin for Q2 2025 was 50.0%, down from 51.3% in Q2 2024, while operating margin improved to 7.6% from 3.4% [5][22] Business Highlights - The company launched a new product, ProConnex MixOne, enhancing its portfolio in fluid management technology [7] - Repligen published its 2024 Sustainability report, showcasing progress in environmental, social, and governance (ESG) initiatives [7] - The company reported cash and cash equivalents of $709 million as of June 30, 2025, down from $757 million at the end of 2024 [8][19] Financial Guidance - The updated guidance for FY 2025 includes total reported revenue of $715 million to $735 million, with adjusted net income projected between $93.5 million and $97 million [10][31] - The company anticipates a gross margin of 51.5% to 52.5% and an operating margin of 7% to 8% for the full year [10][30] - Adjusted earnings per share for FY 2025 is expected to be between $1.65 and $1.72 [31]