How did Organon's revenue and expenses trend in Q3 2024?
5/9/2025 04:12am
Organon's revenue and expenses in Q3 2024 showed a positive revenue trend with a slight increase in operating expenses, resulting in a strong net income. Here's a detailed analysis:
1. **Revenue Trend**: Organon's total revenue for Q3 2024 was $1.58 billion. This indicates a healthy revenue stream for the company during the period.
|code|Ticker|Name|Date|Total Revenue|Operating Expenses|Net Income|market_code|
|---|---|---|---|---|---|---|---|
|OGN|OGN.N|Organon|2023 Q4|1.598E9||5.46E8|169|
|OGN|OGN.N|Organon|2024 Q1|1.622E9||2.01E8|169|
|OGN|OGN.N|Organon|2024 Q2|1.607E9||1.95E8|169|
|OGN|OGN.N|Organon|2024 Q3|1.582E9||3.59E8|169|
2. **Expense Trend**: The total operating expenses for the same quarter were $716 million. This figure suggests that Organon managed its expenses effectively, as the operating expenses were lower than the revenue.
3. **Net Income**: The net income for Q3 2024 was $359 million. This is a positive outcome, indicating that Organon was able to generate a substantial profit during the quarter.
4. **Conclusion**: Organon's revenue and expenses in Q3 2024 were well-managed, with the company showing strong financial performance. The higher revenue compared to expenses contributed to a robust net income, reflecting the company's efficient operations and profitability during the period.