Bristol Myers Revenue Declines but Beats Expectations as Revlimid Sales Drop

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Bristol Myers Revenue Declines but Beats Expectations as Revlimid Sales Drop
France Dernières Nouvelles,France Actualités
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The drugmaker reports third-quarter earnings of $2 a share on revenue of $10.97 billion.

Bristol Myers Squibb posted third-quarter earnings and revenue that beat Wall Street estimates, but sales of drug Revlimid fell.

Last year, the company reported third-quarter earnings of $1.99 a share on revenue of $11.22 billion. Bristol Myers said that the decline in revenue was due to lower sales of cancer-fighting drug Revlimid.

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