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Merck Announces First-Quarter 2016 Financial Results

2016-05-05 12:45:00| Merck.com - Corporate News

Dateline City: KENILWORTH, N.J. First-Quarter 2016 GAAP EPS was $0.40; First-Quarter Non-GAAP EPS Increased by 5 Percent to $0.89 Company Continues to Expect 2016 Full-Year GAAP EPS to be Between $1.96 and $2.23; Narrows and Raises 2016 Full-Year Non-GAAP EPS to be Between $3.65 and $3.77 First-Quarter 2016 Worldwide Sales Were $9.3 Billion, a Decrease of 1 Percent, Including a 4 Percent Negative Impact from Foreign Exchange Obtained FDA Approval of ZEPATIER in the Treatment of Chronic Hepatitis C Genotypes 1 or 4 Infection Advanced KEYTRUDA Development Program sBLA Accepted for Recurrent or Metastatic Head and Neck Cancer Breakthrough Therapy Designation Granted for Classical Hodgkin Lymphoma KENILWORTH, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, today announced financial results for the first quarter of 2016. Our first quarters performance sets us on a good course for the year, said Kenneth C. Frazier, chairman and chief executive officer, Merck. We remain focused on advancing our pipeline and driving the commercial success of our key launches and inline medicines and vaccines. Financial Summary Language: English Contact: MerckMedia:Lainie Keller, 908-236-5036orInvestors:Teri Loxam, 908-740-1986Justin Holko, 908-740-1879 Ticker Slug: Ticker: MRK Exchange: NYSE read more

Tags: results financial announces merck

 

Merck to Hold First-Quarter 2016 Sales and Earnings Conference Call on May 5

2016-04-08 14:00:00| Merck.com - Corporate News

Dateline City: KENILWORTH, N.J. KENILWORTH, N.J.--(BUSINESS WIRE)--Merck (NYSE: MRK), known as MSD outside the United States and Canada, will hold its first-quarter 2016 sales and earnings conference call with institutional investors and analysts at 8:00 a.m. EDT on Thursday, May 5. During the call, company executives will provide an overview of Mercks performance for the quarter. Language: English Contact: MerckMedia:Lainie Keller, 908-236-5036Claire Gillespie, 267-305-0932orInvestors:Teri Loxam, 908-740-1986Justin Holko, 908-740-1879 Ticker Slug: Ticker: MRK Exchange: NYSE read more

Tags: may call sales hold

 
 

Samsung Electronics set for first-quarter profit jump, but some call an earnings peak

2016-04-07 11:11:12| Electronics - Topix.net

Samsung Electronics Co Ltd flagged a 10 percent jump in quarterly profit on Thursday - a sign of robust early sales for its new Galaxy S7 smartphones although doubts abound whether momentum can be maintained in the face of new rival offerings. The South Korean tech giant's estimate for first-quarter operating profit handily beat market forecasts and has boosted hopes that its struggling mobile business will post its first annual profit gain in three years, also benefiting from an improved performance for mid-to-low tier devices and cost-cutting efforts.

Tags: set call jump electronics

 

Looking for Sunshine in Biotech's Gloomy First-Quarter Performance

2016-04-01 05:05:08| Biotech - Topix.net

Pinch yourself. Check your pulse. Fog a mirror. You're alive! Congratulations, you just survived the worst quarterly performance for biotech stocks since 2002.

Tags: performance sunshine gloomy biotechs

 

Landstar Lowers First-Quarter Profit Outlook

2016-03-30 18:50:39| Trucking - Topix.net

Landstar System Inc. lowered its first-quarter earnings outlook by as much as 5 cents per share due to higher than expected insurance costs and lower than forecast revenue. The Jacksonville, Florida-based carrier's Securities and Exchange Commission filing said earnings would be in a range of 66 cents to 70 cents per share, down from its previous outlook of 70 cents to 75 cents per share.

Tags: profit outlook lowers firstquarter profit

 

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