Amgen (AMGN) Tops Q4 EPS by 14c; Guides FY19 Below the Street

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Amgen Reports Fourth Quarter And Full Year 2018 Financial Results

January 29, 2019 4:01 PM EST

THOUSAND OAKS, Calif., Jan. 29, 2019 /PRNewswire/ -- Amgen (NASDAQ: AMGN) today announced financial results for the fourth quarter and full year 2018 in comparison to comparable periods in 2017. Key results include:

For the fourth quarter, total revenues increased 7 percent to $6.2 billion. Product sales grew 8 percent globally. New and recently launched products including Repatha® (evolocumab), Prolia® (denosumab), KYPROLIS® (carfilzomib) and XGEVA® (denosumab) showed double-digit growth.For the full year, total revenues increased 4 percent to $23.7 billion, with 3 percent product sales growth.... More