Tag Archives: biib

Biogen Q1, Guidance Strong

Big-cap biotech Biogen Idec reported solid Q1 revenue early Wednesday and guided 2014 above Wall Street’s expectations, but the stock rose just a fraction as biotechs had a bad day and Biogen revealed it’s being probed by authorities. Biogen (BIIB) said revenue rose 50.5% over the year-earlier quarter, to $2.13 billion, beating analysts’ consensus of $2 billion. But earnings per share of $2.47, up 25%, missed consensus of $2.56. The company,

Biogen Q1, Guidance Strong, But Stock Slips

Big-cap biotech Biogen Idec reported solid Q1 revenue early Wednesday and guided 2014 above Wall Street’s expectations, but the stock rose just a fraction as biotechs had a bad day and Biogen revealed it’s being probed by authorities. Biogen (BIIB) said revenue rose 50.5% over the year-earlier quarter, to $2.13 billion, beating analysts’ consensus of $2 billion. But earnings per share of $2.47, up 25%, missed consensus of $2.56. The company,

Biogen Q1 Sales Beat Street, Guidance Strong

Big-cap biotech Biogen Idec (BIIB) reported solid Q1 revenue early Wednesday and guided 2014 above Wall Street’s expectations, but the stock was down more than 1% in early trading in the stock market today. Biogen said revenue rose 50.5% over the year-earlier quarter, to $2.13 billion, beating analysts’ consensus of $2 billion. But earnings per share of $2.47, up 25%, missed consensus of $2.56. The company, however, noted that included a $118