Royalty Pharma Q1 Adj. Cash Receipts $524M, Up 37%; Sees FY21 Adj. Cash Receipts $1.94B-$1.98B
Portfolio Pulse from Bill Haddad
Royalty Pharma reported a 37% increase in Q1 adjusted cash receipts, reaching $524 million. The company projects full-year 2021 adjusted cash receipts between $1.94 billion and $1.98 billion.
May 11, 2021 | 11:27 am
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POSITIVE IMPACT
Royalty Pharma's Q1 adjusted cash receipts increased by 37% to $524 million, with a full-year 2021 forecast of $1.94 billion to $1.98 billion.
The significant increase in Q1 adjusted cash receipts and strong full-year guidance suggest positive financial performance, likely boosting investor confidence and stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100