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.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。