Bristol-Myers Squibb (BMY) Tops Q1 EPS by 8c

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Bristol Myers Squibb Reports First Quarter Financial Results for 2023

April 27, 2023 6:59 AM EDT

Reports First Quarter Revenues of $11.3 Billion Posts First Quarter GAAP Earnings Per Share of $1.07 and Non-GAAP EPS of $2.05; Includes Net Impact of ($0.01) Per Share for GAAP and Non-GAAP EPS Due to Acquired IPRD Charges and Licensing Income Delivers Strong Revenue Growth of 8% from In-Line Products and New Product Portfolio; or 10% When Adjusted for Foreign Exchange Further Advances Portfolio Renewal Strategy, Achieving Important Milestones Across Therapeutic Areas Adjusts GAAP 2023 EPS Guidance; Affirms Non-GAAP Financial Guidance for 2023

NEW YORK--(BUSINESS... More