dilluns, 13 de febrer del 2017

Teva Pharmaceutical beats Q4 earnings, sales estimates

Teva Pharmaceutical beats Q4 earnings, sales estimatesShares in Teva Pharmaceutical (NYSE:TEVA) rose today after the pharmaceutical company met expectations on Wall Street with its 4th quarter results.

The Israel-based company posted a loss of -$974 million on sales of $6.49 billion for the 3 months ended Dec. 31, for bottom-line loss of -296% on sales growth of 33% compared with the same period last year.

Adjusted to exclude 1-time items, earnings per share were $1.38, ahead of consensus on The Street, where analysts were looking for sales of $6.24 billion.

Get the full story at our sister site, Drug Delivery Business News.

The post Teva Pharmaceutical beats Q4 earnings, sales estimates appeared first on MassDevice.



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