earnings
confidence high
sentiment neutral
materiality 0.75
Amgen Q3 revenue $6.9B (+4% YoY); GAAP EPS $3.22 (-19%); Non-GAAP EPS $4.96 (+6%)
AMGEN INC
2023-Q3 EPS reported
$11.06
revenue$19,994,000,000
- Total revenues $6.9B (+4% YoY); product sales +5% on 11% volume growth.
- GAAP EPS $3.22 (down 19% YoY), includes ~$650M impairment for discontinued AMG 340.
- Non-GAAP EPS $4.96 (+6% YoY); non-GAAP operating margin 52.0%.
- Free cash flow $2.5B in Q3 vs $2.8B in prior year.