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Biogen posts Q3 earnings well above estimates

Biogen (NASDAQ: BIIB) reported third-quarter 2021 financial results before the regular market hours on Wednesday. The company reported Q3 revenue of $2.78 billion, down 18% year-over-year and higher than the Wall Street projection. Net income of $4.77 per share was also well above the target that analysts had anticipated. BIIB shares rose 2% immediately following […]

October 20, 2021 1 min read

Biogen (NASDAQ: BIIB) reported third-quarter 2021 financial results before the regular market hours on Wednesday. The company reported Q3 revenue of $2.78 billion, down 18% year-over-year and higher than the Wall Street projection. Net income of $4.77 per share was also well above the target that analysts had anticipated. BIIB shares rose 2% immediately following […]

Biogen (NASDAQ: BIIB) reported third-quarter 2021 financial results before the regular market hours on Wednesday. The company reported Q3 revenue of $2.78 billion, down 18% year-over-year and higher than the Wall Street projection. Net income of $4.77 per share was also well above the target that analysts had anticipated.

BIIB shares rose 2% immediately following the announcement. The stock has gained a modest 10% since the beginning of this year.

Biogen Q3 2021 earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Biogen Q3 earnings call transcript

Prior performance

  • Biogen Q3 2020 earnings.

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