Amgen beats estimates as shares jump upwards

5 February 2025

US biotech major Amgen (Nasdaq: AMGN) presented its fourth quarter and 2024 financial results late Tuesday, along with its guidance for 2025.

For the fourth quarter, total revenues increased 11% to $9.1 billion in comparison to the same period of 2023. This was ahead of analysts’ expectations, as were adjusted fourth-quarter earnings, which rose 13% from a year earlier to $5.31 per share, where Wall Street predicted $5.08.

'Innovative therapies across our four therapeutic areas'

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