Home market remains strong for Bristol-Myers Squibb
Buoyed by a good showing from its largest brands, Bristol-Myers Squibb (NYSE: BMY) announced first quarter revenues of $5.9 billion on Thursday, up 14% from the same period last year.
Analysts had expected revenues of $5.75 billion for the quarter. Following Generally Accepted Accounting Principles (GAAP), the earnings per share (EPS) figure was $1.04.
Lung cancer drug Opdivo (nivolumab) and blood-thinner Eliquis (apixaban) led the charge for Bristol-Myers, and there was a robust increase in sales of Yervoy (ipilimumab) too.
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