Gilead Sciences (GILD) Beats Q3 View By 3c; Accelerates $750 Million Buyback

October 16, 2008 4:08 PM EDT

Gilead Sciences (Nasdaq: GILD) reports Q3 EPS of $0.52, 3 cents better than the analyst estimate of $0.49. Revenues for the quarter were $1.37 billion, versus the consensus of $1.32 billion.

Gilead issues $750 million accelerated buyback which is part of their $3 billion buyback they announced last year.

Gilead Sciences, Inc., a biopharmaceutical company, engages in the discovery, development, and commercialization of therapeutics for the treatment of life-threatening infectious diseases.
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