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VIATRIS ™ Viatris Reports Strong Third Quarter Results , Raises 2021 Financial Guidance and Announces Virtual Investor Event on January 7 , 2022 Board of Directors Declares Quarterly Dividend of Eleven Cents ( $ 0.11 ) per Share PITTSBURGH - November 8 , 2021 Reports Third Quarter 2021 Financial Results : Total Revenues of $ 4.54 billion ; U.S. GAAP Net Earnings of $ 312 million ; Adjusted EBITDA of $ 1.70 billion ; U.S. GAAP Net Cash Provided by Operating Activities of $ 1.09 billion ; and Free Cash Flow of $ 965 million Raises 2021 Financial Guidance ( 1 ) : Total Revenues Guidance Range to $ 17.70 billion to $ 17.90 billion , from $ 17.50 billion to $ 17.90 billion ; Adjusted EBITDA Guidance Range to $ 6.30 billion to $ 6.50 billion , from $ 6.15 billion to $ 6.45 billion ; and Free Cash Flow Guidance Range to $ 2.40 billion to $ 2.60 billion , from $ 2.20 billion to $ 2.40 billion Returned $ 266 million to shareholders year to date via dividend payments ; Announces Board of Directors Declares 3rd Quarterly Dividend of Eleven Cents ( $ 0.11 ) per Share Paid Down $ 1.9 billion of Debt in First Three Quarters of 2021 Announces Virtual Investor Event to Take Place January 7 , 2022 to Discuss More Details of Company's Two - Phased Strategic Roadmap ( 1 ) Viatris is not providing forward - looking guidance for U.S. GAAP net earnings ( loss ) or a quantitative reconciliation of its 2021 adjusted EBITDA guidance . U.S. GAAP net cash provided by operating activities for 2021 is estimated to be between $ 2.90 billion and $ 3.10 billion . Please see " Updated 2021 Financial Guidance " and " Non - GAAP Financial Measures " for additional information . Viatris Inc. ( NASDAQ : VTRS ) today reported strong results for the third quarter of 2021 , highlighted by robust cash flow generation . Viatris also announced that its Board of Directors declared a quarterly dividend of eleven cents ( $ 0.11 ) for each issued and outstanding share of the company's common stock . The dividend is payable on December 16 , 2021 to shareholders of record at the close of business on November 23 , 2021 . Executive Comments Viatris Chief Executive Officer Michael Goettler said , " Nearly one year after launching our new company , I could not be prouder of all that we have accomplished together . Our continued strong operational performance for three consecutive quarters has allowed us to continue to deliver on our financial commitments and , based on the strength of our results , we are again raising our full - year financial guidance for 2021 . Goettler continued , " We are near completion of a rigorous bottoms - up strategic planning effort and look forward to sharing these plans with the investment community at a virtual Investor Event now scheduled for the morning of January 7 , 2022. On that day we will provide additional detail on our two - phased strategic roadmap , including : 1