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Bristol-Myers Squibb Reports Third Quarter 2013 Financial Results

Bristol-Myers Squibb Company (NYSE:BMY) today reported results for the third quarter of 2013 highlighted by the strong performance of key marketed products such as Yervoy , Orencia and Sprycel, the presentation of important clinical data for its immuno-oncology pipeline, and the presentation of key cardiovascular outcomes data for Onglyza®. The company also confirmed GAAP EPS and non-GAAP EPS guidance ranges for 2013.

β€œIn the third quarter, we demonstrated solid financial performance and presented new clinical data further characterizing key brands from our immuno-oncology and diabetes franchises,” said Lamberto Andreotti, chief executive officer, Bristol-Myers Squibb. β€œAs we continue to execute against our strategy today, we remain focused on investing in the meaningful opportunities that will drive the long-term growth of our company.”

     

Third Quarter

$ amounts in millions, except per share amounts

2013

   

2012

   

Change

Net Sales 4,065 3,736 9%
GAAP Diluted EPS 0.42 (0.43 ) **
Non-GAAP Diluted EPS 0.46 0.41 12%
 

** In excess of +/- 100%

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