Viatris reports strong first-quarter 2022 results

Pittsburgh , may 9, 2022 /prnewswire/ -- first-quarter 2022 results reflect strong operational start to the year total revenues were $4.19 billion u.s. gaap net earnings were $399.2 million adjusted ebitda was $1.59 billion u.s. gaap net cash provided by operating activities was $1.14 billion free cash flow was $1.07 billion achieves approximately $120 million in new product revenue, on track for 2022 target of $600 million confirms biocon biologics transaction on track for second half 2022 close announces board of directors declares quarterly dividend of twelve cents ($0.12) per share pays down approximately $840 million of debt, on track for 2022 target of approximately $2 billion, and maintains commitment to investment grade rating viatris inc. (nasdaq: vtrs), today reported strong results for the first quarter of 2022. viatris also announced that its board of directors declared a quarterly dividend of twelve cents ($0.12) for each issued and outstanding share of the company's common stock.
VTRS Ratings Summary
VTRS Quant Ranking