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Published 3 months ago

Gilead Sciences Shows Resilience with Flat Revenue and Increased Profit Margin in Full Year 2023 Results

Summary by claytoncountyregister.com
Gilead Sciences, a leading biotechnology company, has reported its full year 2023 financial results, indicating a flat revenue of US$27.1b compared to the previous year. Despite this, the company experienced a significant increase in net income, reaching US$5.67b, reflecting a 23% growth from the previous year. The company’s profit margin also demonstrated improvement, rising from 17% in FY 2022 to 21% in FY 2023. This positive shift contributed…

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claytoncountyregister.comclaytoncountyregister.com

Gilead Sciences Shows Resilience with Flat Revenue and Increased Profit Margin in Full Year 2023 Results

Gilead Sciences, a leading biotechnology company, has reported its full year 2023 financial results, indicating a flat revenue of US$27.1b compared to the previous year. Despite this, the company experienced a significant increase in net income, reaching US$5.67b, reflecting a 23% growth from the previous year. The company’s profit margin also demonstrated improvement, rising from 17% in FY 2022 to 21% in FY 2023. This positive shift contributed…

3 months ago·Elkader, United States
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