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Biogen raises FY24 EPS view to $16.10-$16.60, consensus $16.19

Maintaining expectation of a FY24 total revenue decline of a low-single digit percentage versus FY23, with core pharmaceutical revenue expected to be roughly flat versus full year 2023. Now expects operating income to grow at a high-teen percentage versus full year 2023 with maintained expectation of a mid-single digit percentage operating margin improvement.

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