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Amgen: EPS up 13% in Q4

(CercleFinance.com) - Amgen has reported Q4 2024 adjusted EPS that is up 13% to $5.
31, with non-GAAP operating margin down 0.4 point to 46.3%, while revenues rose 11% to $9.1bn.

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 $33.4bn for FY 2024, the healthcare group expects respective target ranges between $20 and $21.20 and between $34.3bn and $35.7bn in 2025.


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