NASDAQ$RGEN

Repligen Corp · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Repligen's Q3 2024 performance was marked by a 10% year-over-year revenue increase, driven by strong CDMO and equipment sales, along with record new modality sales, and the company narrowed its full-year revenue guidance.

Repligen reported a strong third quarter with a 10% increase in revenue compared to the previous year. The company saw growth in CDMO and equipment sales, as well as record sales in new modalities. Full year revenue guidance was narrowed to $630-$639 million.

  • Repligen reported Q3 revenue of $155 million, a 10% increase year-over-year.
  • CDMO revenue and orders both increased by approximately 20% year-over-year.
  • Overall order intake surpassed sales by 4%.
  • Full year revenue guidance was narrowed to a range of $630-$639 million.

Headline financials

Total Revenue

$155M

Previous: $141M+9.7%
EPS

-$0.01

Previous: $0.23-104.3%
Gross Margin

50.0%

Previous: 25.9%+93.1%
Adjusted Gross Margin

50.7%

No prior period
Capital Expenditures

-$20.1M

Previous: -$25.1M+19.9%
Free Cash Flow

-$20.8M

Previous: -$6.96M-198.6%
Net Income

-$654K

Previous: $18.2M-103.6%
Operating Income

-$7.83M

Previous: $4.81M-262.9%
Gross Profit

$77.5M

Previous: $36.6M+112.0%
Cash & Equivalents

$784M

Previous: $631M+24.3%
Total Assets

$2.83B

Previous: $2.51B+12.6%
R&D Expense

$9.71M

Previous: $10.5M-7.9%
Stock-Based Comp

$23.1M

Previous: $6.37M+261.8%

Revenue & EPS history

Repligen · Revenue · Quarterly

$155M

Q3 2024+9.7%vs Q3 2023
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Repligen · $141M total across 2 segments · Q3 2023

  • Product Revenue
    $141M
  • Royalty and Other
    $36

Forward guidance

Repligen narrowed its full year 2024 revenue guidance to a range of $630M - $639M.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+2.6%

Avg return

Earnings day

+3.4%

Avg return

5 days after

+4.4%

Avg return

30 days after

59%

36 / 61 earnings

Positive

+22.1%

Q3 2018

Best reaction

-23.0%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-7.8%-2.7%
Q4 2025+1.4%-4.9%-15.5%
Q3 2025-5.9%-7.5%+6.3%
Q1 2025-2.9%-1.5%-14.8%
Q4 2024+7.9%+7.1%-7.1%
Q3 2024+7.9%-10.6%+11.8%
Q2 2024+21.3%+17.2%+9.2%
Q1 2024+1.3%+2.3%-9.2%
Q4 2023-3.2%-4.0%-0.9%
Q3 2023+15.1%+31.7%+37.7%
Q2 2023+1.1%+2.5%+5.2%
Q1 2023+6.4%+4.3%+8.8%
Q4 2022+3.2%-2.7%-10.0%
Q3 2022-6.0%-4.5%+3.1%
Q2 2022+13.1%+15.9%+0.6%
Q1 2022+7.8%+11.4%+19.3%
Q4 2021-1.8%-1.4%+4.0%
Q3 2021+7.2%+11.7%+5.5%
Q2 2021+14.2%+19.3%+32.4%
Q1 2021-6.4%-9.8%-15.6%
Q4 2020+0.3%+7.4%-11.1%
Q3 2020+8.1%+0.0%+0.8%
Q2 2020+8.7%+12.8%+8.2%
Q1 2020+6.7%+11.9%+5.0%
Q4 2019-10.1%-22.2%-18.7%
Q3 2019+9.9%+6.1%+15.1%
Q2 2019-4.0%-3.2%-1.7%
Q1 2019+2.5%-0.2%+11.5%
Q4 2018-0.2%+1.0%-0.2%
Q3 2018+22.1%+25.2%+19.3%
Q2 2018-1.0%+2.0%+14.2%
Q1 2018+5.1%+10.2%+14.9%
Q4 2017+9.2%+9.5%+6.2%
Q3 2017-7.1%-13.0%-4.9%
Q2 2017+1.3%+4.4%+6.1%
Q1 2017+5.2%+6.3%+11.7%
Q4 2016+6.3%+6.4%+13.6%
Q3 2016-4.1%-1.1%+10.0%
Q2 2016-0.6%-1.1%+3.9%
Q1 2016+2.1%
Q4 2015+2.4%
Q3 2015-23.0%
Q2 2015-0.2%
Q1 2015+16.9%
Q4 2014+14.9%
Q3 2014-6.6%
Q2 2014-3.6%
Q1 2014+5.0%
Q4 2013-8.8%
Q3 2013+8.8%
Q2 2013-0.1%
Q1 2013+2.9%
Q3 2010-5.0%
Q4 2012+5.8%
Q3 2012+10.2%
Q2 2012-0.4%
Q4 2010-1.5%
Q1 2012+0.9%
Q2 2011-0.1%
Q1 2011-0.9%
Q4 2011-0.9%

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