Biotechnology company Bristol Myers Squibb (NYSE: BMY) reported lower profit for the fourth quarter of 2024, despite an increase in revenue.
Net income attributable to shareholders was $72 million or $0.04 per share in the December quarter, compared to $1.76 billion or $0.87 per share in the comparable period of 2023. Adjusted profit dropped to $1.67 per share in Q4 from $1.70 per share in the prior year period.
Fourth-quarter revenues increased 8% from last year to $12.3 billion. Domestic revenues rose 9% and international revenues moved up 5%.
Prior Performance
The post Highlights of Bristol-Myers Squibb’s Q4 2024 earnings report first appeared on AlphaStreet.
Biotechnology company Bristol Myers Squibb (NYSE: BMY) reported lower profit for the fourth quarter of 2024, despite an increase in revenue. Net income attributable to shareholders was $72 million or
The post Highlights of Bristol-Myers Squibb’s Q4 2024 earnings report first appeared on AlphaStreet.
Categories AlphaGraphs, Earnings, Health Care
Highlights of Bristol-Myers Squibb’s Q4 2024 earnings report
Biotechnology company Bristol Myers Squibb (NYSE: BMY) reported lower profit for the fourth quarter of 2024, despite an increase in revenue.
Net income attributable to shareholders was $72 million or $0.04 per share in the December quarter, compared to $1.76 billion or $0.87 per share in the comparable period of 2023. Adjusted profit dropped to $1.67 per share in Q4 from $1.70 per share in the prior year period.
Fourth-quarter revenues increased 8% from last year to $12.3 billion. Domestic revenues rose 9% and international revenues moved up 5%.
Prior Performance
Listen to the conference calls as they happen. Don’t miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Infographic: Amazon (AMZN) Q4 2024 earnings beat estimates; sales rise 10%
E-commerce giant Amazon.com Inc. (NASDAQ: AMZN) on Thursday reported higher sales and profit for the fourth quarter of 2024. Earnings also beat analysts’ estimates. Net sales increased to $187.8 billion
Philip Morris (PM) delivers strong performance in 4Q24 helped by smoke-free strength
Shares of Philip Morris International Inc. (NYSE: PM) jumped 10% on Thursday after the company delivered better-than-expected earnings results for the fourth quarter of 2024 and provided an encouraging outlook
LLY Earnings: Eli Lilly Q4 2024 profit more than doubles; revenue up 45%
Eli Lilly and Company (NYSE: LLY) Thursday reported a sharp increase in its fourth-quarter revenues. The pharmaceutical company’s adjusted earnings more than doubled during the quarter. Worldwide revenue increased 45%
Tags
Discover more from World Byte News
Subscribe to get the latest posts sent to your email.
