Gilead increases 2024 outlook, expects new drug filing by end of year [Yahoo! Finance Canada]
Gilead Sciences, Inc. (GILD)
Last gilead sciences, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance Canada
· Senior Reporter 4 min read In This Article Gilead Sciences ( GILD ) increased its growth forecast for the year on strong third quarter results, marking a shift away from its COVID revenues and spurring investor anticipation for new products in the near future. In third quarter earnings Wednesday, the company increased its 2024 guidance — bucking the opposite trend by large pharma peers this quarter — and beat on both top- and bottom-line results. CEO Daniel O'Day told Yahoo Finance the company's third quarter was the its best this year. "This has been the strongest quarter of the year for us. It really shows the strength of our business model ... and that's true for both ... our legacy business, our HIV business, our virology business, but also for the new business areas of oncology and also inflammation," he said. On the post-earnings call with investors, CFO Andrew Dickinson said the company's beat was due to surprise increased sales of the COVID-19 antibody drug Ve
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News
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GILD
Earnings
- 11/6/24 - Beat
GILD
Sec Filings
- 11/13/24 - Form FWP
- 11/13/24 - Form 424B5
- 11/12/24 - Form 10-Q
- GILD's page on the SEC website