Celgene (CELG) Tops Q1 EPS by 3c; Boosts Lower End of Outlook

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Celgene Reports First Quarter 2016 Operating and Financial Results

April 28, 2016 7:30 AM EDT

- Strong Operating Momentum Drives Q1 Results

- 2016 Guidance: Raising Lower-End of Ranges for Net Product Sales and Adjusted Diluted EPS

- 2017 Financial Targets Updated; 2020 Financial Targets On-Track

SUMMIT, N.J.--(BUSINESS WIRE)-- Celgene Corporation (NASDAQ: CELG) reported net product sales of $2,495 million for the first quarter of 2016. Net product sales grew 21 percent from the same period in 2015, including a 2 percent negative impact from currency exchange effects. First quarter total revenue increased 21 percent to $2,512 million compared to $2,081 million in the first... More