High-performing Opdivo and Eliquis boost Bristol-Myers in first quarter

27 April 2017

In its first quarter financial results statement, Bristol-Myers Squibb (NYSE: BMY) has reported revenues of $4.9 billion, up 12% from the same period last year.

The consensus revenue forecast for the quarter was lower, according to the Financial Times, at $4.74 billion. In New York, shares in the company are trading about 2% higher on the news.

Following generally accepted accounting principles (GAAP), the earnings per share figure was $0.94, up 32%. Total net earnings were $1.6 billion, compared to $1.2 billion for the same period in 2016.

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