Gilead Sciences’ 1st-qtr 2015 beats expectations, as hepatitis C drugs soar

1 May 2015

US biotech giant Gilead Sciences (Nasdaq: GILD), after markets closed yesterday, reported a strong set of first-quarter 2015 results, with total revenues for the reporting period coming in at $7.59 billion, a massive 51.9% leap on the about $5.0 billion achieved in the like quarter of 2014, and well exceeding the consensus estimates of analysts of $6.89 billion. Gilead’s shares gained 2.7% to $103.20 in after-hours trading.

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