Categories AlphaGraphs, Earnings, Health Care

Highlights of Bristol-Myers Squibb Company (NYSE: BMY) Q2 2020 Earnings

Pharmaceutical firm Bristol-Myers Squibb Company (NYSE: BMY) reported second-quarter 2020 financial results on Thursday morning. The results were better than analysts’ expectations.

Bristol-Myers Squibb Company Q2 2020 earnings infographic

Revenues surged 61% to $10.13 billion and adjusted earnings moved up to $1.63 per share from $1.18 per share in the second quarter of 2019. On a reported basis, the company posted a loss of $0.04 per share, compared to earnings of $0.87 per share last year.

“Our second quarter results reflect the passion and focus of our employees, who continue to introduce new medicines, support patients with serious diseases and deliver strong results during the COVID-19 pandemic,” said CEO Giovanni Caforio.


Looking forward to listening to management/analysts’ comments on Q2 results? Stay tuned here for Bristol-Myers Squibb’s Q2 2020 earnings call transcript 


BMY shares rose 5% immediately after the earnings announcement during Thursday’s pre-market trading, after closing the previous session higher. The stock has gained 26% in the past 12 months.

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