Celgene (CELG) Tops Q4 EPS by 2c, Offers FY17 Guidance

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Celgene Reports Fourth Quarter and Full-Year 2016 Operating and Financial Results

January 26, 2017 7:30 AM EST

Net Product Sales $2.98B in Q4:16; Increased 17% Y/Y Net Product Sales $11.18B in 2016; Increased 22% Y/Y 2017 Guidance for Net Product Sales and Diluted EPS

SUMMIT, N.J.--(BUSINESS WIRE)-- Celgene Corporation (NASDAQ: CELG) reported operating results for the fourth quarter and full-year of 2016. For the fourth quarter of 2016, net product sales were $2,977 million, an increase of 17 percent, year-over-year. Net product sales growth includes a 0.3 percent negative impact from currency exchange effects. Fourth quarter total revenue increased 16 percent... More