Pfizer's pandemic windfall well and truly over, results show

31 October 2023

US pharma giant Pfizer (NYSE: PFE) was trading more than 1% lower during Tuesday morning’s trading in New York. The company had earlier announced its third-quarter 2023 financial results and latest guidance for the rest of the year.

Revenues dropped by 42% compared to the same quarter of 2022, slipping more than analysts had expected, to $13.23 billion.

"We look forward to concluding 2023 with positive momentum"

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