Biotechnology agency Biogen Inc. (NASDAQ: BIIB) on Thursday reported greater revenues and adjusted revenue for the second quarter of 2025. The corporate additionally raised its FY25 steering to replicate a stronger enterprise outlook for the yr.
Whole income rose 7% year-over-year to $2.65 billion within the June quarter. For the complete yr of 2025, the corporate expects revenues to be broadly flat, at fixed foreign money, versus full yr 2024, which is up from a mid-single digit decline it forecast beforehand.
Web earnings attributable to Biogen was $634.8 million or $4.33 per share in Q2, in comparison with $583.6 million or $4.0 per share within the second quarter of 2024. Adjusted earnings elevated 4% yearly to $5.47 per share within the second quarter.
The administration raised its full-year adjusted earnings per share steering to the vary of $15.50 to $16.00 from the sooner outlook of $14.50-15.50.
Biogen’s CEO. Christopher Viehbacher stated, “We delivered one other quarter of robust execution in opposition to our technique to remodel our portfolio and construct the brand new Biogen. Our efficiency displays strong monetary outcomes, ongoing price self-discipline, continued progress of our launch merchandise, and significant strides in increasing and advancing our late-stage pipeline.“
