Merck Announces Second-Quarter 2012 Financial Results
Merck (NYSE: MRK), known as MSD outside the United States and Canada, today announced financial results for the second quarter of 2012.
| $ in millions, except EPS amounts | Second Quarter 2012 | Second Quarter 2011 | ||
| Sales | $12,311 | $12,151 | ||
| GAAP EPS | 0.58 | 0.65 | ||
| Non-GAAP EPS that excludes items listed below 1 | 1.05 | 0.95 | ||
| GAAP Net Income 2 | 1,793 | 2,024 | ||
| Non-GAAP Net Income that excludes items listed below 1,2 | 3,227 | 2,950 | ||
Non-GAAP (generally accepted accounting principles) earnings per share (EPS) for the second quarter of $1.05 exclude acquisition-related costs and restructuring costs.
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