Stock Track | BioMarin Pharmaceutical Stock Soars 9.72% After-Hours on Stellar Q4 Results, Upbeat 2025 Outlook

Stock Track

02-20

BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) saw its stock surge 9.72% during the after-hours trading session on Wednesday, February 19, 2025. The company's impressive fourth-quarter 2024 earnings and revenue, coupled with an optimistic outlook for 2025, fueled the rally.

In the fourth quarter, BioMarin reported better-than-expected adjusted earnings of $0.92 per diluted share, surpassing analysts' consensus estimate of $0.73. The company's revenue for the quarter stood at $747.3 million, outperforming the consensus estimate of $713.2 million.

The robust performance was driven by strong sales across BioMarin's key products. VOXZOGO, a treatment for achondroplasia, saw a remarkable 42% year-over-year increase in revenue to $208 million. The company's Enzyme Therapies portfolio, which includes treatments for rare genetic disorders, also contributed significantly, with sales rising 9% year-over-year.

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