Gilead Sciences — Feb 11, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000882095-25-000003
Showing in the filing
Quarterly dividend declared
“$0.79 per share”
Period
Q1 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 16
Potential launch of lenacapavir for HIV PrEP for FY2025
“Summer 2025”
Product sales
“$ 28,200”
Product sales excluding Veklury
“$ 26,800”
Veklury
“$ 1,400”
Diluted EPS
“$ 5.95”
Non-GAAP diluted EPS
“$ 7.70”
Quarterly dividend declared for Q1 FY2025
“$0.79 per share”
Quarterly dividend of common stock for Q1 FY2025
“$0.79 per share”
GAAP projected product gross margin for FY2025
“77.0% - 78.0%”
Non-GAAP projected product gross margin for FY2025
“85.0% - 86.0%”
GAAP projected operating income for FY2025
“$10,200 - $10,700”
Non-GAAP projected operating income for FY2025
“$12,700 - $13,200”
GAAP projected effective tax rate for FY2025
“~ 20%”
Non-GAAP projected effective tax rate for FY2025
“~ 19%”
GAAP projected diluted EPS for FY2025
“$5.95 - $6.35”
Non-GAAP projected diluted EPS for FY2025
“$7.70 - $8.10”
Exhibit 99.1 · the passage around this item
… earlier in the release
Department of Health and Human Services on patents that the government alleged covered Truvada® (FTC 200mg/tenofovir disoproxil fumarate (“TDF”) 300mg) and Descovy for HIV PrEP. February 11, 2025 6 • Issued $3.5 billion aggregate principal amount of senior unsecured notes in a registered offering. • The Board declared a quarterly dividend of $0.79 per share of common stock for the first quarter of 2025. The dividend is payable on March 28, 2025, to stockholders of record at the close of business on March 14, 2025. Future dividends will be subject to Board approval. Certain amounts and percentages in this press release may not sum or recalculate due to rounding. Conference Call At 1:30 p.m. Pacific Time today, Gilead will host a conference call to discuss Gilead’s results. A live webcast will be available on http://investors.gilead.com and will be archived on www.gilead.com for one year. Non-GAAP Financial Information The information presented in this document has been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”), unless otherwise noted as non-GAAP. Management believes non-GAAP information is useful for investors, when considered in conjunction with Gilead’s GAAP financial information, because management uses such information internally for its operating, budgeting and financial planning purposes. Non-GAAP information is not prepared under a comprehensive set of accounting rules and should only be used to supplement an understanding of Gilead’s operating results as reported under GAAP. Non-GAAP fi
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.