Teva delivers strong 2nd-qtr results and raises outlook
Israeli drugmaker Teva Pharmaceutical Industries (NYSE: TEVA) today presented its second quarter 2026 financial results, along with a raise of the outlook for the full year. Its shares rose 7.4% to 10,320 shekels.
2nd-qtr revenuesof $4.1 billion decreased by 1% in US dollars year-over-year (YoY) and by 3% in local currency (LC) terms, mainly due to lower generics revenues, slightly exceeding analysts' expectations.
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