Organon reports Q3 EPS 87c, consensus $1.07

Reports Q3 revenue $1.52B, consensus $1.58B.”Since spin, we have given new life to Established Brands and have expanded our pipeline in both Biosimilars and Women’s Health,” said Kevin Ali, Organon’s CEO. “Year to date, all three of our franchises have delivered growth on a constant currency basis. Over the medium term, we expect to deliver mid-single digit revenue growth with the power of our existing portfolio. As we move into 2024, we will be working to reduce leverage and continue to add products that could enhance that growth profile.”