IUX24
TopMarketWorldEconomyFinanceTechnologyBusinessPoliticsAnalysis & Opinion

Amgen reports higher profit and raises guidance

Amgen posted stronger-than-expected third-quarter earnings and raised its full-year outlook. Strong sales of newer drugs offset declines in older treatments.

Xurve View
Insights:
FILE PHOTO: An Amgen sign is seen at the company's headquarters in Thousand Oaks, California, U.S., November 6, 2019.

AMGEN INC reported third-quarter revenue rose 8% to $10.4B on Tuesday afternoon, outperforming Wall Street expectations.