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Published 3 months ago

Abbott Labs’ fourth-quarter sales top estimates amid strong medical-device demand

Summary by Ground News

Abbott Laboratories reported fourth-quarter sales that topped expectations. Sales totaled $10.241 billion in the quarter, up 1.5% from a year earlier. Analysts have been looking to elevated medical-procedure volumes to help boost Abbott's medical-device business. Abbott is wrapping up a transitional year as it refocuses on its core segments.

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Abbott Labs’ fourth-quarter sales top estimates amid strong medical-device demand

Abbott Laboratories on Wednesday reported fourth-quarter sales that topped expectations amid strength in its medical-device and nutrition segments.

3 months ago·United States

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