HighGravityData

Gilead Sciences — Apr 24, 2025 release

Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000882095-25-000009
Open on SEC.gov ↗
Showing in the filing
Quarterly dividend declared for Q2 2025
“$0.79 per share of common stock”
Period
Q2 FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 18
Product sales for FY2025
“$ 28,200” – “$ 28,600”
Product sales
“$ 28,200”
Product sales excluding Veklury for FY2025
“$ 26,800” – “$ 27,200”
Product sales excluding Veklury
“$ 26,800”
Veklury (High End) for FY2025
“$ 1,400”
Veklury
“$ 1,400”
Diluted EPS for FY2025
“$ 5.65” – “$ 6.05”
Diluted EPS
“$ 5.65”
Non-GAAP diluted EPS for FY2025
“$ 7.70” – “$ 8.10”
Non-GAAP diluted EPS
“$ 7.70”
Quarterly dividend declared for Q2 2025 for Q2 FY2025
“$0.79 per share of common stock”
Quarterly dividend of common stock for Q2 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
“~ 21%”
Non-GAAP projected effective tax rate for FY2025
“~ 19%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Inflammation • Received conditional marketing authorization from the European Commission for seladelpar for the treatment of PBC in combination with ursodeoxycholic acid (“UDCA”) in adults who have an inadequate response to UDCA alone, or as monotherapy in those unable to tolerate UDCA. Corporate • The Board declared a quarterly dividend of $0.79 per share of common stock for the second quarter of 2025. The dividend is payable on June 27, 2025, to stockholders of record at the close of business on June 13, 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. April 24, 2025 4      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-GA
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.