Lower prices and exchange rate effects hold Eli Lilly back
USA-based Eli Lilly (NYSE: LLY) has announced revenues of $7.3 billion in the final quarter of 2022, a 9% decrease from the same period of last year, around what most analysts had anticipated.
Net income was reported at $1.9 billion, an increase of 12%, with earnings per share (EPS) of $2.14.
Excluding COVID-19 antibodies, total worldwide volume in the fourth quarter increased 13%.
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