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● Shares traded near $174.00 after being indicated near $192.38 before the open.
● The company authorized a new $1.0 billion share buyback.
● Details were thin on Thursday night, and the gap to expectations was not verified.
● The baseBusinessoutlook was raised for the third time this year.
● The 2026 sales outlook was raised to a range of $775 million to $785 million.
● Management raised 2026 sales guidance to $775 million to $785 million.
● Management expects to land in the upper half of its 2026 guidance ranges.
● The company guided 2026 revenue to $4.64 billion to $4.66 billion.
● Insmed raised the low end of 2026 Brinsupri guidance to $1.35 billion.
● The low end of 2026 Brinsupri guidance rose to $1.35 billion.
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