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Emergent Biosolutions: Q4 Earnings Snapshot

Emergent Biosolutions: Q4 Earnings Snapshot

By AP News
Published - Mar 06, 2024, 05:21 PM ET
Last Updated - Mar 06, 2024, 05:21 PM EST

GAITHERSBURG, Md. (AP) — GAITHERSBURG, Md. (AP) — Emergent Biosolutions Inc. (EBS) on Wednesday reported a loss of $49.5 million in its fourth quarter.

The Gaithersburg, Maryland-based company said it had a loss of 95 cents per share. Losses, adjusted for one-time gains and costs, came to 77 cents per share.

The biopharmaceutical company posted revenue of $276.6 million in the period.

For the current quarter ending in March, Emergent Biosolutions said it expects revenue in the range of $200 million to $250 million.

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