Categories AlphaGraphs, Earnings, Health Care
Bristol-Myers Squibb (BMY) reports higher Q1 profit; revenue down 3%
Biotechnology company Bristol Myers Squibb (NYSE: BMY) said its first-quarter adjusted earnings increased modestly, despite a decline in revenues.
Net income attributable to shareholders was $2.26 billion or $1.07 per share in the March quarter, compared to $1.28 billion or $0.59 per share in the comparable period of 2022. Adjusted profit increased 5% annually to $2.05 per share.
Meanwhile, first-quarter revenues decreased 3% from last year to $11.34 billion. Domestic sales rose by 4% while international sales decreased by 16%.
Prior Performance
Most Popular
Costco Q4 2024 profit rises on higher sales; beats estimates
Costco Wholesale Corporation (NASDAQ: COST), which operates a chain of membership warehouses, Thursday reported higher earnings and sales for the fourth quarter of 2024. Earnings came in above estimates. Revenues
Micron’s (MU) strong Q4 report and bullish guidance fire up the chip industry
Shares of Micron Technology Inc. (NASDAQ: MU) rallied this week after the memory chipmaker reported positive fourth-quarter results and issued bullish guidance, gaining as much as 15% soon after the
Main takeaways from Accenture’s (ACN) Q4 2024 earnings report
Shares of Accenture plc (NYSE: ACN) rose over 4% on Thursday, after the company delivered better-than-expected earnings results for the fourth quarter of 2024. Revenue and earnings grew on a