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Sep 30, 2021
Innoviva Q3 2021 Earnings Report
Reported financial results for the third quarter of 2021.
Key Takeaways
Innoviva reported strong royalty revenue growth of 10% year-over-year. Net income per share exceeded $1, supported by a recently completed equity repurchase.
Royalty revenues grew 10% year over year.
RELVAR®/BREO® ELLIPTA® global net sales decreased 15%.
TRELEGY® ELLIPTA® global net sales increased 77%.
Basic net income per share exceeded $1 for the quarter.
Forward Guidance
The press release contains forward-looking statements regarding goals, plans, objectives and future events, which are subject to risks, uncertainties, and assumptions.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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