Teva Reports First Quarter 2024 Financial Results and Reaffirms 2024 Financial Outlook
Teva Pharmaceutical Industries Limited American Depositary Shares (TEVA)
Last teva pharmaceutical industries limited american depositary shares earnings: 2/13 04:01 pm
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Source: Business Wire
For an accessible version of this Press Release, please visit www.tevapharm.comGenerics business and AUSTEDO® growth lead Q1 2024 performance.Q1 2024 revenues of $3.8 billion reflect an increase of 5% in local currency terms, compared to Q1 2023.Generics business growth across all regions – increased by 9% in local currency terms globally, compared to Q1 2023.AUSTEDO – continued growth, up 67% (in the U.S.) from Q1 2023; reaffirming 2024 revenue outlook of ~$1.5 billion.AJOVY® – revenues of $113 million in Q1 2024, up 18% from Q1 2023.Recent FDA approvals of SIMLANDI® and SELARSDI™, biosimilars to Humira® and Stelara®, respectively.Announced positive Phase 3 efficacy results for olanzapine LAI (TEV' 749); no incidence of post-injection delirium/sedation syndrome (PDSS) observed to date.Q1 2024 Highlights:Revenues of $3.8 billionGAAP loss per share of $0.12Non-GAAP diluted EPS of $0.48Cash flow used in operating activities of $124 millionFree cash flow of $32 millionFull year 2024 busi
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TEVA
Earnings
- 5/8/24 - Miss
TEVA
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 8-K
- TEVA's page on the SEC website