Tuesday, 02 January 2024 12:17 GMT

Pfizer Records USD16.7B in Q3 Revenue Despite 7 Percent Decline


(MENAFN) Pfizer disclosed Tuesday that its third-quarter revenue reached $16.7 billion, marking a 7 percent operational decrease compared to the same period last year.

The pharmaceutical giant posted reported diluted earnings per share of $0.62, with adjusted diluted earnings per share hitting $0.87.

The drugmaker maintained its full-year 2025 revenue projections between $61 billion and $64 billion while elevating its adjusted diluted earnings per share forecast to a range of $3.00 to $3.15.

"I am proud of Pfizer's leadership as the first in our industry to reach an agreement with the U.S. Government, which we believe provides greater clarity for our business," said Albert Bourla, chairman and CEO of Pfizer.

"Additionally, our recent strategic actions have strengthened opportunities to advance innovation that could address significant medical needs in high growth markets, helping us deliver value for patients and shareholders," he said.

MENAFN05112025000045017169ID1110296955



MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search