The company said total revenues for Q2 2024 were $3.8 billion, down about 3% on a U.S. GAAP basis, and grew about 2% on a divestiture-adjusted operational basis. U.S. GAAP net loss was $326 million.

1. 01

   The company said total revenues for Q2 2024 were $3.8 billion, down about 3% on a U.S. GAAP basis, and grew about 2% on a divestiture-adjusted operational basis. U.S. GAAP net loss was $326 million.

2. 02

   The company said adjusted EBITDA for Q2 was $1.2 billion, up about 2% on a divestiture-adjusted operational basis, and adjusted EPS was $0.69 per share, up about 3%. U.S. GAAP diluted loss per share was $0.27.

3. 03

   Viatris said U.S. GAAP net cash provided by operating activities for Q2 2024 was $379 million, and free cash flow, excluding transaction costs related to the divestitures, was $426 million. The company also said it paid down about $800 million of debt in the same quarter.

4. 04

   The company said new product revenues were about $210 million in Q2 and that it raised its full-year new product revenue outlook to about $500 million to $600 million. It said it currently expects to be at the midpoint of its guidance ranges as of August 8.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

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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