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BD Announces Second Fiscal Quarter Results; Reaffirms Fiscal 2021 Guidance
- Second fiscal quarter revenues of $4.9 billion grew 15.4% on a reported basis. On a currency-neutral basis, revenues increased 12.2%.
- BD s COVID-19 testing sales were $480 million, including BD Veritor™ Plus System revenues of $290 million.
- BD s core growth led by strong growth in Medication Delivery Solutions (up 10.4%), Pharmaceutical Systems (up 15.4%), and Biosciences (up 16.3%) on a reported basis.
- Second fiscal quarter GAAP diluted earnings per share (EPS) increased 77.4% year-over-year to $0.94.
- Adjusted EPS increased 25.1% year-over-year to $3.19.
- BD is reaffirming its fiscal 2021 revenue growth and adjusted EPS guidance.
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ChinaFranklin-lakesNew-jerseyUnited-statesAmericanCertest-biotecTom-polenTroy-kirkpatrickKristenm-stewartGeorge-floydLinkedinSolutions-incBD Announces First Fiscal Quarter Results; Raises Fiscal 2021 Guidance
- First fiscal quarter revenues of $5.315 billion grew 25.8% on a reported basis. On a currency-neutral basis, revenues increased 24.3%.
- BD s COVID-19 testing sales of $867 million contributed 20.5 percentage points to revenue growth on a reported basis. This includes BD Veritor™ Plus System revenues of $688 million.
- First fiscal quarter GAAP diluted earnings per share (EPS) increased 285% year-over-year to $3.35.
- Adjusted EPS increased 71.7% year-over-year to $4.55.
- BD is updating its fiscal 2021 guidance, including raising its fiscal 2021 adjusted EPS guidance to $12.75-$12.85.
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FRANKLIN LAKES, N.J., Feb. 4, 2021 /PRNewswire/ BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today reported quarterly revenues of $5.315 billion for the first fiscal quarter ended December 31, 2020. This represents
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