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MRVI — Maravai Lifesciences Holdings News Story

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Maravai Q2 adjusted EPS misses estimates

Overview

Maravai Q2 revenue falls 31.7% yr/yr, meeting analyst expectations, per LSEG data

Adjusted EPS and EBITDA miss analyst estimates, per LSEG data

Co earlier announced restructuring for $50 mln annualized cost savings

Outlook

Maravai withdraws 2025 revenue guidance amid leadership transition

Company expects positive adjusted EBITDA by second half 2026

Maravai targets $50 mln in annualized cost savings

Restructuring charges estimated at $8-9 mln in H2 2025

Result Drivers

REVENUE DECLINE - Nucleic Acid Production revenue fell 43.1% due to lack of high-volume CleanCap orders for vaccine programs

RESTRUCTURING - Co targets over $50 mln in annualized cost savings through labor, facilities, capex and productivity initiatives

BIOLOGICS SAFETY TESTING - Revenue grew 9.9% driven by demand for Host Cell Protein kits and MockV viral clearance kits

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueMeet$47.40 mln$47.40 mln (12 Analysts)
Q2 Adjusted EPSMiss-$0.08-$0.07 (11 Analysts)
Q2 EPS-$0.27
Q2 Adjusted EBITDAMiss-$10.40 mln-$8.39 mln (9 Analysts)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 6 "hold" and no "sell" or "strong sell" The average consensus recommendation for the biotechnology & medical research peer group is "buy" Wall Street's median 12-month price target for Maravai LifeSciences Holdings Inc is $5.00, about 56% above its August 8 closing price of $2.20 Press Release: ID:nGNX38xcQh (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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