Why Amgen Stock Zoomed Nearly 12% Higher Today [Yahoo! Finance]
Novo Nordisk A/S (NVO)
Last novo nordisk a/s earnings: 2/5 01:31 am
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Source: Yahoo! Finance
The stock rose by almost 12% on Friday, but much of that was due to a different factor. First-quarter beats, and exciting news from the pipeline In its first quarter, Amgen managed to grow its revenue by a meaty 22% to $7.4 billion. This was fueled by double-digit sales increases in no fewer than 10 products from the company's portfolio of approved medications. Going in the opposite direction was non- GAAP (adjusted) earnings; this slipped by 1% to slightly over $2.1 billion, or $3.96 per share. While the company only met the consensus analyst estimate on the top line, it exceeded with adjusted profitability. On average, prognosticators tracking Amgen's fortunes were modeling a per-share figure of $3.89. But the company had far more exciting news than an upbeat quarter to deliver. In a call with investors, Amgen CEO Robert Bradway stated that he was highly encouraged by the progress of the company's obesity drug candidate, MariTide. What's more, he implied it can be competitiv
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News
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NVO
Earnings
- 5/3/24 - Beat
NVO
Sec Filings
- 5/17/24 - Form 6-K
- 5/17/24 - Form SD
- 5/15/24 - Form 6-K
- NVO's page on the SEC website