Gilead sees Q2 EPS hit from IPR&D expenses

3 hours ago 1
Gilead corporate headquarters in Silicon Valley

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  • Gilead Sciences (NASDAQ:GILD) said that its Q2 financial results will be negatively impacted by $61M in acquired in-process research and development (IPR&D) charges, leading to a ~($0.04) reduction in GAAP and non-GAAP EPS.
  • The company said ~$40M of the charge

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