Viatris inc. reports strong first quarter 2021 financial results, reaffirms 2021 guidance and announces inaugural quarterly dividend

Pittsburgh, may 10, 2021 /prnewswire/ -- reports first quarter 2021 financial results - total revenue of $4.4 billion, u.s. gaap net loss of $1.0 billion, adjusted ebitda of $1.6 billion, u.s. gaap net cash provided by operating activities of $849 million, free cash flow of $799 million board of directors declares a quarterly dividend of eleven cents ($0.11) per share generates $163 million in new product revenue in the first quarter continues solid progress in advancing key pipeline programs remains on track to achieve approximately $500 million in synergies in 2021 reaffirms financial guidance for 2021 viatris inc. (nasdaq: vtrs) today reported results for the first quarter of 2021, which demonstrate the strength of its differentiated operating platform and commercial capabilities, its broad and diverse product portfolio and its strong r&d platform. viatris also announced that its board of directors declared a quarterly dividend of eleven cents ($0.11) for each issued and outstanding share of the company's common stock.
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