Celgene (CELG) Tops Q4 EPS by 7c, Offers FY Guidance

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Go back to Celgene (CELG) Tops Q4 EPS by 7c, Offers FY Guidance

Celgene Reports Fourth Quarter and Full Year 2018 Operating and Financial Results

January 31, 2019 7:30 AM EST

- Exceeded 2018 top- and bottom-line guidance

- 2019 guidance reflects strong operating momentum leading to double-digit top- and bottom-line growth; Reaffirming 2020 financial outlook

- Advancing five late-stage assets with U.S. approvals expected through 2020; Ozanimod U.S. and EU regulatory submissions on-track for Q1:2019

SUMMIT, N.J.--(BUSINESS WIRE)-- Celgene Corporation (NASDAQ: CELG) reported operating results for the fourth quarter and full year of 2018. For the fourth quarter of 2018, net product sales were $4,036 million, an increase of 16 percent year-over-year. Fourth quarter total revenue increased 16... More