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Earnings News

Novartis AG Bottom Line Drops In Q1

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Novartis AG (NVS) announced a profit for first quarter that Drops, from the same period last year

The company's bottom line totaled $3.156 billion, or $1.65 per share. This compares with $3.609 billion, or $1.83 per share, last year.

Excluding items, Novartis AG reported adjusted earnings of $3.794 billion or $1.99 per share for the period.

The company's revenue for the period fell 0.9% to $13.113 billion from $13.233 billion last year.

Novartis AG earnings at a glance (GAAP) :

-Earnings: $3.156 Bln. vs. $3.609 Bln. last year.
-EPS: $1.65 vs. $1.83 last year.
-Revenue: $13.113 Bln vs. $13.233 Bln last year.

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