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Alvotech Q3 Revenue Falls 2%, With 2026 Results Expected Near Low End

Product and service revenue rose 78.3%, while license and other revenue dropped 34.4%. Adjusted EBITDA more than doubled, but gross margin narrowed to 54%.
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Product and service revenue rose 78.3%, while license and other revenue dropped 34.4%. Adjusted EBITDA more than doubled, but gross margin narrowed to 54%.