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Stock impact report

Galapagos NV (GLPG) (FY 2024) Earnings Call Highlights: Strategic Shifts and Financial Resilience [Yahoo! Finance]

Galapagos NV - American Depositary Shares (GLPG) 
Last galapagos nv - american depositary shares earnings: 10/24 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: glpg.com/company-overview
Company Research Source: Yahoo! Finance
3 min read In This Article GLPG.AS Total Revenue: EUR 276 million, including EUR 35 million from Jyseleca supply revenues and EUR 241 million in collaboration revenues. Research and Development Expenses: EUR 335 million, a 39% increase year-over-year. G&A and Sales and Marketing Expenses: EUR 134 million, flat year-over-year. Net Profit: EUR 74 million, driven by fair value adjustments, currency exchange, interest income, and a gain from the sale of the Jyseleca business. Cash Position: Approximately EUR 3.3 billion at the end of 2024. Cash Burn: EUR 374 million for 2024; excluding business development, EUR 293 million, within the guidance range of EUR 280 million to EUR 320 million. Capitalization Post-Separation: Galapagos with approximately EUR 500 million in cash; SpinCo with approximately EUR 2.45 billion. Warning! GuruFocus has detected 5 Warning Signs with GLPG. Release Date: February 13, 2025 For the complete transcript of the earnings call, please ref Show less Read more
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