Keytruda keeps powering positive numbers for Merck & Co

25 October 2018

New Jersey, USA-based Merck & Co (NYSE: MRK) has announced strong third quarter 2018 financial results, with global revenues up 5% on the same period last year, at $10.8 billion, in line with analysts’ expectations.

The firm said it would boost its dividend by 15% and spend $10 billion repurchasing shares.

Following Generally Accepted Accounting Principles (GAAP), net income was $1.95 billion, or $0.73 per share, compared with a loss of $56 million in 2017.

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