Bristol Myers Q1 revenue $11.3B, GAAP EPS $1.07, Non-GAAP $2.05; affirms non-GAAP guidance

BRISTOL MYERS SQUIBB CO

2023-Q1 EPS reported $1.07 revenue$11,337,000,000

Q1 2023 revenues $11.3B, down 3% YoY; in-line & new product portfolio grew 8% (10% ex-FX).
GAAP diluted EPS $1.07 (up 81% YoY); Non-GAAP EPS $2.05 (up 5% YoY).
Net impact from acquired IPRD charges and licensing income was ($0.01) per share on both GAAP and non-GAAP.
Company adjusts GAAP 2023 EPS guidance; affirms non-GAAP financial guidance for 2023.
CEO Giovanni Caforio cites strong commercial execution and milestone achievements in pipeline.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

BRISTOL MYERS SQUIBB CO reported first quarter of 2023 results: revenue $11.3 Billion, EPS GAAP Earnings Per Share of $1.07 and Non-GAAP EPS of $2.05. Guidance reaffirmed.

Period: first quarter of 2023
Revenue: $11.3 Billion
EPS: GAAP Earnings Per Share of $1.07 and Non-GAAP EPS of $2.05
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Reports First Quarter Revenues of $11.3 Billion • Posts First Quarter GAAP Earnings Per Share of $1.07 and Non-GAAP EPS of $2.05

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Source: SEC EDGAR

accession 0000014272-23-000102

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