Viatris Reaffirms FY22 Revenue Outlook, Declares Dividend - Update

RTTNews | 1020 days ago
Viatris Reaffirms FY22 Revenue Outlook, Declares Dividend - Update

(RTTNews) - While reporting financial results for the third quarter on Monday, healthcare company Viatris Inc. (VTRS) reaffirmed its total revenue guidance for the full-year 2022 to solid operating momentum despite foreign exchange headwinds and absorbing inflation impact to date.

For fiscal 2022, the company continues to project total revenue between $16.2 billion and $16.7 billion. On average, 11 analysts polled by Thomson Reuters expect the company to report revenues of $16.00 billion for the year.

The company also said its Board of Directors declared a quarterly dividend of $0.12 for each issued and outstanding share of the company's common stock, payable on December 16, 2022, to shareholders of record at the close of business on November 23, 2022.

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