Categories: AlphaGraphs

AbbVie Q4 2024 adjusted earnings decline despite 6% revenue growth

Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced fourth-quarter 2024 financial results, reporting a double-digit dip in adjusted earnings and an increase in revenues.

The company reported worldwide net revenues of $15.1 billion for the December quarter, up 6% from the corresponding period of 2023. The main operating segments registered growth.

Net income, adjusted for special items, declined to $2.16 per share in Q4 from $2.79 per share in the year-ago quarter. On a reported basis, it was a net loss of $22 million or $0.02 per share in the fourth quarter, compared to a profit of $822 million or $0.46 per share last year.

Prior Performance

Recent Posts

KO Earnings: Key quarterly highlights from Coca-Cola’s Q4 2025 financial results

The Coca-Cola Company (NYSE: KO) reported its fourth quarter 2025 earnings results today. Net revenues…

7 minutes ago

KT Corp. Annual Operating Profit Surges 205% as AI and Real Estate Drive Growth

The South Korean telecommunications provider reported a significant increase in annual profit for 2025, supported…

26 minutes ago

Hasbro (HAS) Q4 2025 Earnings: Key financials and quarterly highlights

Hasbro, Inc. (NASDAQ: HAS) reported its fourth quarter 2025 earnings results today. Revenues increased 31%…

28 minutes ago

Spotify Q4 2025 Earnings Results

Spotify ended 2025 on a strong note, reporting steady revenue growth and a sharp jump…

54 minutes ago

Earnings Summary: Jerash Holdings (US), Inc. posts sharp Q3 FY26 earnings rebound as revenue and margins improve

Jerash Holdings (US), Inc. (NASDAQ: JRSH) reported significantly improved financial results for the fiscal 2026…

2 hours ago

Prospect Capital Shares Steady Following Fiscal Q2 Adjusted Earnings Beat Despite NAV Decline

Shares of Prospect Capital Corporation (PSEC) traded mixed to slightly positive in early trading on…

9 hours ago