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Viatris Reports $634.2 Million Quarterly Loss
By USinMinutes - Feb 27, 2025, 07:39 AM ET
Last Updated - Feb 27, 2025, 07:40 AM EST
The company records $14.7 billion revenue for Q4 ended Dec 31, 2024
Viatris Inc [VTRS] reported $634.2 million loss for Q4 ended Dec 31, 2024, showing a decrease of $688.9 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 27, 2025 that it generated revenue of $14.7 billion for the period, showing a decrease of $687.6 million in the same quarter of the previous year.
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Based in Pittsburgh, Pennsylvania, the company reported $0.5 earnings per share for the period, compared to $0.1 in the last quarter.
The company's loss decreased by 1.26 thousand% from $54.7 million in the last quarter.
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The revenue decreased 4.46% from $15.4 billion in the same quarter of the previous year.
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