Novartis Q2 net sales up 12% to $14.05 billion - Breaking The News

Novartis Q2 net sales up 12% to $14.05 billion

17 July

1 min read

EPA/URS FLUEELER

Novartis AG announced on Thursday that its net sales in the second quarter of the fiscal year 2025 grew by 12% to reach $14.05 billion. The pharmaceutical company's net income surged by 24% compared to the corresponding quarter of the year prior to stand at $4.02 billion, while operating income jumped 21% to $4.86 billion. Earnings per share (EPS) advanced 29% to $2.07 compared to the same period of last year, and core EPS soared 23% to $2.42.

"Novartis delivered another strong quarter, with double-digit sales and core operating income growth. We continue to drive strong performance on our ongoing launches for Kisqali, Pluvicto, and Scemblix, demonstrating the replacement power in our portfolio," CEO Vas Narasimhan commented.

earnings novartis

Related Stocks

Novartis

SEC to propose change to quarterly earnings reports

19 September

United States Securities and Exchange Commission (SEC) Chairman Paul Atkins said on Friday that he spoke to US President Donald Trump about his proposal for companies to issue earnings reports once every six months instead of quarterly. Atkins told CNBC that the move "would be a good way forward" and that the SEC will propose the change, after which "the market can decide what the proper cadence is.""Semi-annual reporting is no stranger to our markets....

FedEx's Q1 revenue climbs 3% to $22.2B

18 September

FedEx Corp. said on Thursday its revenue in the first quarter of its fiscal 2026 amounted to $22.2 billion, up 3% compared to the same period a year earlier and standing above analysts' estimates.GAAP diluted earnings per share rose by 8% in the first quarter and came in at $3.46, and GAAP net income was $824 million. GAAP operating income jumped 10% to $1.19 billion in the three-month period on an annual basis."Our earnings growth underscores the...

Adobe's Q3 revenue up 11% to $5.99 billion

11 September

Adobe Inc. reported on Thursday that it achieved "record revenue" in the third quarter of its fiscal 2025 of $5.99 billion, growing 11% compared to the same period a year earlier and beating analysts' expectations. Subscription revenue was up 11.7% to $5.7 billion, while product revenue and services and other revenue fell 17% and 11%, respectively.GAAP net income rose 5.2% to $1.77 billion, or $4.18 per diluted share. Operating income landed at $2.1 billion....

Oracle's Q1 revenue up 12% to $14.9 billion

9 September

Oracle Corporation reported on Tuesday that its revenue for the first quarter of its fiscal 2026 stood at $14.9 billion, jumping 14% on an annual basis, and slightly missing analysts’ expectations. Cloud revenue advanced 28% to $7.2 billion.Year over year, net income was stable and reached $2.9 billion while diluted earnings per share increased by 1.9% to $1.01. Operating income rose 7% to $4.2 billion."The scale of our recent RPO growth enables us to make a...

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.