BMY Q4 rev +8% to $12.3B, GAAP EPS $0.04; expands cost-savings by $2B

BRISTOL MYERS SQUIBB CO

2024-FY EPS reported -$4.41 revenue$48,300,000,000

Q4 2024 revenues $12.3B (+8% YoY, +9% ex-FX); GAAP EPS $0.04, Non-GAAP EPS $1.67.
Full-year 2024 revenues $48.3B (+7% YoY); GAAP loss per share $(4.41), Non-GAAP EPS $1.15.
Growth Portfolio revenues $22.6B for FY24 (+17%, +19% ex-FX); Q4 $6.4B (+21%).
Strategic productivity initiative expanded to deliver ~$2B additional cost savings by end of 2027.
2025 guidance: revenues ~$45.5B, Non-GAAP EPS range $6.55-$6.85.

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