Amgen first-quarter profit dips 1%, revenue rises 22% [Yahoo! Finance]
Amgen Inc. (AMGN)
Last amgen inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
expense from its recent acquisition of rare disease drugmaker Horizon Therapeutics, partially offset by double-digit revenue growth. The biotechnology company's adjusted profit fell 1% to $3.96 per share, which still beat the average analyst estimate of $3.88 per share, according to LSEG data. Revenue rose 22% to $7.45 billion, in line with analysts' estimates of $7.44 billion. Including one-time items, Amgen posted a first-quarter net loss of 21 cents a share. Quarterly product sales were led by an 8% jump for osteoporosis drug Prolia to $999 million, and a 33% increase to $517 million for cholesterol drug Repatha. Sales of rheumatoid arthritis drug Enbrel fell 2% to $567 million. Sales of eye drug Tepezza, which Amgen acquired through its Horizon purchase, rose about 5% to $424 million. Excluding Horizon's medications, Amgen said year-over-year product sales grew 6%. Investors are focused on Amgen's pipeline of experimental weight-loss drugs, and the company said it ha
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AMGN
News
- U.S. FDA approves Amgen drug for small cell lung cancer [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- FDA APPROVES IMDELLTRA™ (TARLATAMAB-DLLE), THE FIRST AND ONLY T-CELL ENGAGER THERAPY FOR THE TREATMENT OF EXTENSIVE-STAGE SMALL CELL LUNG CANCERPR Newswire
- FDA Approves Amgen Drug for Persistently Deadly Form of Lung Cancer [The New York Times]The New York Times
- FDA approves Amgen's treatment for most deadly form of lung cancer [CNBC]CNBC
- Amgen Drug Wins US Approval for Advanced Small Cell Lung Cancer [BNN Bloomberg (Canada)]BNN Bloomberg
AMGN
Earnings
- 5/2/24 - Beat
AMGN
Sec Filings
- 5/10/24 - Form DEFA14A
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- AMGN's page on the SEC website