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AbbVie Q1 2025 adjusted earnings increase on 8% revenue growth; beat estimates

by TheAdviserMagazine
6 months ago
in Markets
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AbbVie Q1 2025 adjusted earnings increase on 8% revenue growth; beat estimates
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Biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) announced first-quarter 2025 financial results, reporting an increase in revenue and adjusted earnings.

AbbVie Q1 2025 adjusted earnings increase on 8% revenue growth; beat estimates

The company reported worldwide net revenues of $13.3 billion for the March quarter, up 8% from the corresponding period of 2024. The main operating segments registered growth.

Net income, adjusted for special items, rose to $2.46 per share in Q1 from $2.31 per share in the year-ago quarter, exceeding estimates. On a reported basis, net income was $1.29 billion or $0.72 per share in the first quarter, compared to $1.37 billion or $0.77 per share last year.

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