secwatch.observer — SEC 8-K summary
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Issuer:     AMGEN INC (AMGN)
CIK:        0000318154
Form:       8-K
Filed at:   2024-02-06T23:59:59+00:00
Accession:  0000318154-24-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amgen Q4 2023 revenue $8.2B (+20% YoY); Non-GAAP EPS $4.71 (+15% YoY)
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- Fourth quarter total revenue $8.2B, up 20% YoY; product sales grew 20% driven by 23% volume growth.
- GAAP EPS $1.42, down 53% YoY due to acquisition-related expenses and Horizon costs.
- Non-GAAP EPS $4.71, up 15% YoY; full year non-GAAP EPS $18.65, up 5%.
- Horizon contributed $954M in product sales Oct 6-Dec 31; nine brands record sales in quarter.
- Full year free cash flow $7.4B, down from $8.8B in 2022 due to Horizon expenses and repatriation taxes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/318154/000031815424000004/0000318154-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/318154/000031815424000004/amgn-202312318xk.htm
  HTML page:      https://secwatch.observer/filing/0000318154-24-000004

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