Regeneron Sees FY24 Non-GAAP Gross Margin On Net Product Sales Approximately 89%, Unchanged From Prior
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Regeneron Pharmaceuticals has announced that its fiscal year 2024 non-GAAP gross margin on net product sales is expected to be approximately 89%, which remains unchanged from previous guidance.
October 31, 2024 | 10:34 am
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Regeneron Pharmaceuticals has confirmed that its FY24 non-GAAP gross margin on net product sales will remain at approximately 89%, consistent with previous guidance.
The announcement that Regeneron's FY24 non-GAAP gross margin remains unchanged at 89% suggests stability in its financial outlook. This consistency may reassure investors, but it does not introduce new information that would significantly impact the stock price in the short term.
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