Viatris reports strong first quarter 2024 financial results and reaffirms 2024 financial guidance ranges

Pittsburgh , may 9, 2024 /prnewswire/ --  reports total revenues of $3.66 billion; u.s. gaap net earnings of $113.9 million; adjusted ebitda of $1.19 billion; u.s. gaap eps of $0.09; adjusted eps of $0.67; u.s. gaap net cash provided by operating activities of $615 million; and free cash flow of $565 million for the first quarter  reports fourth consecutive quarter of operational revenue growth on a divestiture-adjusted basis[1]  reaffirms 2024 new product revenue range of $450 million to $550 million   closes idorsia transaction, expanding portfolio of innovative assets  closes women's healthcare business divestiture  reaffirms 2024 financial guidance after adjusting the ranges solely to reflect the impact of divestitures and acquired ipr&d[2]  returns $393 million of capital to shareholders in first quarter through dividends and share repurchases  board of directors declares quarterly dividend of $0.12 per share viatris inc. (nasdaq: vtrs) today announced its financial results for the first quarter of 2024, which reflect continued momentum and the strength of its base business. executive commentary viatris ceo scott a.
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