secwatch / observer
8-K filed July 27, 2023, 7:59 PM ET ticker ABBV CIK 0001551152
earnings confidence high sentiment positive materiality 0.75

AbbVie Q2 adj EPS $2.91 (-13.6%), rev $13.865B (-4.9%); raises FY adj EPS guidance to $10.90-$11.10

AbbVie Inc.

2023-Q2 EPS reported $1.26 revenue$26,090,000,000

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AbbVie Inc. reported the second quarter ended June 30, 2023 results: revenue $13.865 Billion, EPS $1.14. Guidance raised.

Period
the second quarter ended June 30, 2023
Revenue
$13.865 Billion
EPS
$1.14
Guidance
raised
Result
reported results
Exact text from the filing
PRESS RELEASE AbbVie Reports Second-Quarter 2023 Financial Results • Reports Second-Quarter Diluted EPS of $1.14 on a GAAP Basis, an Increase of 123.5 Percent; Adjusted Diluted EPS of $2.91, a Decrease of 13.6 Percent; These Results Include an Unfavorable Impact of $0.15 Per Share Related to Acquired IPR&D and Milestones Expense • Delivers Second-Quarter Net Revenues of $13.865 Billion, a Decrease of 4.9 Percent on a Reported Basis and 4.2 Percent on an Operational Basis • Second-Quarter Global Net Revenues from the Immunology Portfolio Were $6.813 Billion, a Decrease of 5.5 Percent on a Reported Basis, or 5.0 Percent on an Operational Basis; Global Humira Net Revenues Were $4.012 Billion; Global Skyrizi Net Revenues Were $1.883 Billion; Global Rinvoq Net Revenues Were $918 Million • Second-Quarter Global Net Revenues from the Hematologic Oncology Portfolio Were $1.478 Billion, a Decrease of 10.4 Percent on a Reported Basis, or 9.8 Percent on an Operational Basis; Global Imbruvica Net
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AbbVie Inc. filing history →

Source: SEC EDGAR
accession 0001551152-23-000028
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