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Shares of Repligen (NASDAQ:RGEN) moved higher by 0.0% in pre-market trading after the company reported Q2 results.
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Quarterly Results
Earnings per share were up 88.10% over the past year to $0.79, which beat the estimate of $0.52.
Revenue of $162,960,000 rose by 86.24% from the same period last year, which beat the estimate of $144,100,000.
Outlook
Repligen raised FY21 EPS guidance from $2.21-$2.28 to $2.71-$2.78.
The comapny also boosted sales guidance from $565 million-$590 million to $625 million-$645 million.
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Conference Call Details
Date: Jul 27, 2021
Time: 08:30 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/rgen/mediaframe/45880/indexr.html
Technicals
52-week high: $228.84
52-week low: $131.91
Price action over last quarter: Up 5.77%
Company Overview
Repligen Corp is a global life sciences company. It develops and commercializes innovative bioprocessing technologies and systems that increase efficiencies and flexibility in the process of manufacturing biological drugs. The company's customers include life science companies, global biopharmaceutical companies, and contract manufacturers worldwide. Repligen markets its products globally through a direct commercial organization in the U.S., Europe, and Asia, as well as through strategic partners in select markets. The majority of the company's revenue is generated in the United States.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.