Categories AlphaGraphs, Earnings, Health Care

MRK Earnings: Highlights of Merck’s Q1 2023 financial results

Pharma firm Merck & Co., Inc.  (NYSE: MRK) on Thursday reported lower earnings for the first quarter of 2023, due to a sharp fall in revenues.

Merck Q1 2023 earnings infographic

First-quarter sales decreased 9% year-over-year to $14.5 billion, hurt mainly by a double-digit fall in sales at the core pharmaceuticals division.

As a result, adjusted earnings dropped to $1.40 per share in the three-month period from $2.14 per share a year earlier. Unadjusted profit declined to $2.82 billion or $1.11 per share from $4.31 billion or $1.70 per share in the year-ago quarter.

Prior Performance

  • Merck-Q4-2022-Earnings-Infographic
  • Merck Q3 2022 earnings infographic
  • Merck Q1 2022 earnings infographic

Most Popular

Colgate-Palmolive (CL) Q3 2024 Earnings: Key financials and quarterly highlights

Colgate-Palmolive Company (NYSE: CL) reported its third quarter 2024 earnings results today. Net sales increased 2.4% year-over-year to $5 billion. Organic sales grew 6.8%. Net income attributable to Colgate-Palmolive Company was $737

Key takeaways from Southwest Airlines’ (LUV) Q3 2024 earnings report

Shares of Southwest Airlines Co. (NYSE: LUV) were down over 4% on Thursday. The stock has gained 4% over the past three months. The airline reported its earnings results for

HOG Earnings: A snapshot of Harley-Davidson’s Q3 2024 results

Motorcycle manufacturer Harley-Davidson (NYSE: HOG) Thursday reported a sharp fall in sales and net profit for the third quarter of 2024 amid weak demand. Consolidated net income declined to $119

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top