EarningsRepligen's revenue of $182.4 million exceeded both the estimate of $177.1 million and the consensus of $175.2 million, highlighting strong financial performance.
Growth StrategyRepligen expects to double its revenues in the medium-term with minimal contribution from mergers and acquisitions, indicating a robust organic growth strategy.
Market PositionRepligen's differentiated product portfolio is yielding outsized growth in a normalizing bioprocessing market, with non-COVID organic growth up 17% and orders up over 20% year-over-year.