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  

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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