Bristol Myers beats forecasts in final quarter of 2023

2 February 2024

Bristol Myers Squibb (NYSE: BMY) has reported strong fourth quarter revenues of $11.5 billion and earnings per share (EPS) of $1.70, both higher than many analysts had forecast.

For the full year, the cancer drug giant took in about $45 billion sales, with EPS of $3.86.

The positive outcome was driven by higher sales of new products, as well as the anticoagulant Eliquis (apixaban) and the checkpoint blocker Opdivo (nivolumab).

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