Celgene (CELG) Tops Q2 EPS by 5c, Raises FY EPS Guidance

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Celgene Reports Second Quarter 2018 Operating and Financial Results

July 26, 2018 7:30 AM EDT

Strong total net product sales of $3.8 billion, increased 17% Y/Y

Raising full-year total revenue guidance to ~$15 billion and REVLIMID® net sales to ~$9.7 billion

Advancing late-stage next-generation growth drivers

SUMMIT, N.J.--(BUSINESS WIRE)-- Celgene Corporation (NASDAQ: CELG) reported net product sales of $3,808 million for the second quarter of 2018, a 17 percent increase from the same period in 2017. Celgene reported second quarter 2018 total revenue of $3,814 million, a 17 percent increase compared to $3,271 million in the second quarter of 2017.

Based on U.S. GAAP... More