Pfizer hits new heights with record first-quarter result
Pfizer (NYSE: PFE) has reported first quarter revenues of $25.7 billion, well ahead of many analysts’ expectations, including the Financial Times consensus forecast of $23.8 billion.
The result represents a 77% increase from the $14.5 billion generated in the same period of last year.
Reported net income for the quarter came in at $7.8 billion, a 61% increase, or $1.37 per share.
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