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

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