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Stock impact report

Organon Reports Results for the Third Quarter Ended September 30, 2024

Organon & Co. (OGN) 
Company Research Source: Business Wire
Third quarter 2024 revenue of $1.582 billion, up 4% as-reported and up 5% at constant currencyThird quarter 2024 diluted earnings per share of $1.38 and non-GAAP Adjusted diluted earnings per share of $0.87; both reported and non-GAAP Adjusted diluted earnings per share include $51 million of expense, or $0.16 per share, for acquired in-process research and development (IPR&D) and milestonesThird quarter 2024 net income of $359 million and Adjusted EBITDA (non-GAAP) of $459 millionGuidance range for full year 2024 revenue narrowed to $6.375 billion to $6.425 billion, mid-point of the range raised by $50 million; Guidance range for Adjusted EBITDA margin (non-GAAP) revised to 30.0% to 31.0%, inclusive of the $51 million of IPR&D expense incurred in the third quarter JERSEY CITY, N.J.--(BUSINESS WIRE)--Organon (NYSE: OGN) today announced its results for the third quarter ended September 30, 2024."In 2024 our commercial execution has been very strong. Our largest product, Nexplanon, i Show less Read more
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