Regeneron Pharmaceuticals Inc
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Health Care : Biotechnology | Large Cap Blend
Company profile

Regeneron Pharmaceuticals, Inc. is an integrated biotechnology company that discovers, invents, develops, manufactures, and commercializes medicines for serious diseases. Its commercialized medicines and product candidates in development are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, pain, hematologic conditions, infectious diseases, and rare diseases. Its marketed products include EYLEA (aflibercept) Injection, Dupixent (dupilumab) Injection, Libtayo (cemiplimab) Injection, Praluent (alirocumab) Injection, REGEN-COV, Kevzara (sarilumab) Solution for Subcutaneous Injection, Evkeeza (evinacumab) Injection, Inmazeb (atoltivimab, maftivimab, and odesivimab-ebgn) Injection, ARCALYST (rilonacept) Injection for Subcutaneous Use and ZALTRAP (ziv-aflibercept) Injection for Intravenous Infusion. It also provides Expresse service assurance and CloudCheck WiFi experience management solutions.

Price
Delayed
$770.00
Day's Change
-10.86 (-1.39%)
Bid
--
Ask
--
B/A Size
--
Day's High
778.05
Day's Low
763.15
Volume
(Below Average)

Today's volume of 556,572 shares is on pace to be lower than REGN's 10-day average volume of 724,147 shares.

556,572

Arista Networks stock muted as earnings clear analysts' low bar

8:03 am ET November 1, 2022 (MarketWatch)
Print

By Wallace Witkowski

Revenue comes in at $1.06 billion, about midpoint of its outlook, as analysts had forecast $856.1 million

Arista Networks Inc. shares searched for direction in the extended session Monday after the cloud-software and data-center supplier's earnings and outlook topped the relatively low Wall Street consensus.

Arista (ANET) shares shifted between slight gains and losses after hours, and were last down 1.6%, following a 0.5% decline in the regular session to close at $120.86. The company's share price is down 16% year to date, versus 19% decline by the S&P 500 index and a 30% drop in the tech-heavy Nasdaq Composite Index over that period.

The company reported third-quarter net income of $354 million, or $1.13 a share, compared with $224.3 million, or 70 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $1.25 a share, compared with 74 cents a share in the year-ago period. Per-share amounts account for last year's four-to-one stock split announced back in November.

Revenue rose to $1.06 billion from $748.7 million in the year-ago quarter.

Analysts surveyed by FactSet had forecast earnings of $1.04 a share on revenue of $856.1 million, based on Arista's forecast of $1.03 billion to $1.08 billion.

For the fourth quarter, Arista forecast revenue between $1.18 billion and $1.2 billion, while analysts forecast revenue of $1.09 billion.

-Wallace Witkowski

	

(END) Dow Jones Newswires

November 01, 2022 08:03 ET (12:03 GMT)

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