Viatris said it reported total net sales of $3,653.5 million, U.S. GAAP net earnings of $113.9 million and U.S. GAAP diluted EPS of $0.09 for the 3 months ended March 31, and net earnings fell 49% from $224.7 million in the year-earlier period.

1. 01

   Viatris said it reported total net sales of $3,653.5 million, U.S. GAAP net earnings of $113.9 million and U.S. GAAP diluted EPS of $0.09 for the 3 months ended March 31, and net earnings fell 49% from $224.7 million in the year-earlier period.

2. 02

   The company reported Adjusted EBITDA of $1,193.4 million ($1,340.9 million a year earlier, a 11% decline) and Adjusted EPS of $0.67 ($0.77 a year earlier, a 13% decline) for the 3 months ended March 31.

3. 03

   Viatris said it generated U.S. GAAP net cash provided by operating activities of $614.6 million and free cash flow of $564.8 million for the 3 months ended March 31. The company's chief financial officer said it returned $393 million to shareholders through dividends and share repurchases.

4. 04

   Viatris said it reaffirmed its 2024 outlook and adjusted the total revenues range only to reflect the impact of divestitures and acquired IPR&D, moving it from $15,250 to $15,750 million to $14,980 to $15,480 million.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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