Repligen Reports First Quarter 2019 Financial Results and Updates Full Year 2019 Financial Guidance
Reports first quarter revenue of $60.6 million, representing 35% year-over-year growth and 37% organic growth Raises revenue guidance to $235-$241 million for full year 2019, representing 22%-25% organic growth Enters agreement to acquire analytics leader C Technologies Closes follow-on offering for net proceeds of $190 million WALTHAM, Mass., May 09, 2019 (GLOBE NEWSWIRE) - Repligen Corporation (NASDAQ:RGEN), a life sciences company focused on bioprocessing technology leadership, today reported financial results for its first quarter of 2019. Provided in this press release are financial highlights for the three-month period ended March 31, 2019, recent business highlights, updated financial guidance for the fiscal year 2019, and access information for today's webcast and conference call. Tony J. Hunt, President and Chief Executive Officer said, “I’m extremely pleased with our accomplishments and performance during the first quarter. We executed on our business and