BioMarin Pharmaceutical Full Year 2023 Earnings: EPS: US$0.89 (vs US$0.76 in FY 2022)
BioMarin Pharmaceutical (NASDAQ:BMRN) Full Year 2023 Results
Key Financial Results
Revenue: US$2.42b (up 15% from FY 2022).
Net income: US$167.6m (up 18% from FY 2022).
Profit margin: 6.9% (up from 6.8% in FY 2022). The increase in margin was driven by higher revenue.
EPS: US$0.89 (up from US$0.76 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BioMarin Pharmaceutical Earnings Insights
Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Biotechs industry in the US.
Performance of the American Biotechs industry.
The company's shares are up 2.8% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. See our latest analysis on BioMarin Pharmaceutical's balance sheet health.
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