BioMarin Q4 Earnings & Sales Top Estimates, Stock Up on Upbeat '25 View
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BioMarin reported better-than-expected fourth-quarter results, driven by strong uptake of Voxzogo. The company reiterated its guidance of $4 billion in total sales by 2027, leading to a positive market reaction.
February 20, 2025 | 3:45 pm
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BioMarin's Q4 earnings and sales exceeded expectations, largely due to the strong performance of Voxzogo. The company reaffirmed its goal of reaching $4 billion in sales by 2027, which has positively influenced its stock price.
The better-than-expected earnings and sales figures, along with the reaffirmation of a significant sales target, are strong positive signals for investors. This has led to an increase in BioMarin's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100