Bristol Myers Squibb sees revenue fall in Q4

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Bristol Myers Squibb sees revenue fall in Q4
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Shares of Bristol Myers Squibb Co. gained 0.9% in premarket trading on Thursday after the company announced better-than-expected earnings for the fourth...

Shares of Bristol Myers Squibb Co. BMY gained 0.9% in premarket trading on Thursday after the company announced better-than-expected earnings for the fourth quarter of 2022. Bristol Myers Squibb had a profit of $2.0 billion, or 95 cents per share, in the fourth quarter, down from $2.3 billion, or $1.07 per share, in the same quarter in 2021. Adjusted earnings per share came in at $1.82, against the FactSet consensus of $1.73. Bristol Myers Squibb had revenue of $11.

Bristol Myers Squibb had a profit of $2.0 billion, or 95 cents per share, in the fourth quarter, down from $2.3 billion, or $1.07 per share, in the same quarter in 2021. Adjusted earnings per share came in at $1.82, against the FactSet consensus of $1.73. Bristol Myers Squibb had revenue of $11.4 billion for the quarter, down from $11.9 billion in the same quarter in 2021. The FactSet consensus was $11.2 billion.

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