Amgen: EPS up 13% in Q4
(CercleFinance.com) - Amgen reported adjusted EPS for the last three months of 2024 up 13% to $5.
31, with non-GAAP operating margin down 0.4 points to 46.3% but revenues up 11% to $9.1 billion.
Product sales were up 11%, with volume growth of 14%, with ten products recording revenue growth of at least 10%, including Repatha, Blincyto, Tezspire, Evenity and Tavneos.
Posting adjusted EPS of $19.84 and revenues of $33.4 billion for the full year 2024, the healthcare group expects respective target ranges between $20 and $21.20 and between $34.3 and $35.7 billion in 2025.
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