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%.
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Costco (COST) Q3 2023 earnings drop on weak sales growth
Costco Wholesale Corporation (NASDAQ: COST) on Thursday reported a 2% increase in third-quarter 2023 revenues. However, the warehouse behemoth's earnings declined. Third-quarter revenue increased 1.9% to $53.6 billion from $52.6 billion
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Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were down 9% on Thursday after the company delivered mixed results for the first quarter of 2023. The discount retailer missed expectations on
