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SHP Shire

4,690.00
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shire LSE:SHP London Ordinary Share JE00B2QKY057 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4,690.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Shire Sees Earnings, Revenue Climb in First Quarter

29/04/2016 12:58pm

Dow Jones News


Shire (LSE:SHP)
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From May 2019 to May 2024

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By Denise Roland

 

Shire PLC (SHP.LN)said earnings and revenue climbed in the first quarter thanks to strong sales of several rare disease medicines and its blockbuster pill for attention-deficit hyperactivity disorder, or ADHD.

The Dublin-based drug maker said net income rose 2% to $419 million in the three months to March 31, from $410 million a year earlier. Revenue climbed 15% to $1.71 billion from $1.49 billion last year. Analysts expected net income of $487 million and revenue of $1.7 billion.

Non GAAP operating income, a measure which strips out one-time gains or impairments, increased 17% to $797 million.

The strong dollar cut into Shire's results. Stripping out the effect of currency movements, revenue increased 17% and non GAAP operating income rose 16%.

 

Contact Denise Roland at denise.roland@wsj.com

 

(END) Dow Jones Newswires

April 29, 2016 07:43 ET (11:43 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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