Amgen Reports Third Quarter 2018 Financial Results

THOUSAND OAKS, Calif., Oct. 30, 2018 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced financial results for the third quarter of 2018. Key results include:

Total revenues increased 2 percent versus the third quarter of 2017 to $5.9 billion.

Product sales grew 1 percent globally. New and recently launched products including Repatha® (evolocumab), Prolia® (denosumab), KYPROLIS® (carfilzomib) and XGEVA® (denosumab) showed double-digit growth.

GAAP earnings per share (EPS) increased 4 percent to $2.86 driven by higher total revenues, a lower tax rate and lower weighted-average shares outstanding.

GAAP operating income decreased 5 percent to $2.3 b...

Source: Amgen News Release - October 30, 2018 Category: Pharmaceuticals Tags: Uncategorized Source Type: news