Biogen (NASDAQ:BIIB) reported its Q1 earnings results on Tuesday, May 3, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Biogen missed estimated earnings by 17.35%, reporting an EPS of $3.62 versus an estimate of $4.38.

Revenue was down $162.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 0.62% increase in the share price the next day.

Here's a look at Biogen's past performance:

To track all earnings releases for Biogen visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.