Blockbuster workhorses keep pulling Bristol-Myers forward

26 July 2018

New York’s Bristol-Myers Squibb (NYSE: BMY) has unveiled its second quarter 2018 results, showing revenues increased 11% on the same period last year, to $5.7 billion, handily beating analysts’ expectations.

Bristol-Myers said that the strong performance was driven by brisk trade in its anticoagulant Eliquis (apixaban) and flagship checkpoint inhibitor Opdivo (nivolumab).

Following Generally Accepted Accounting Principles (GAAP), the earnings per share figure was $0.23.

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