Novartis Non-GAAP EPS of $2.42 beats by $0.05, revenue of $14.05B in-line; updates FY outllook

5 hours ago 1
  • Novartis press release (NYSE:NVS): Q2 Non-GAAP EPS of $2.42 beats by $0.05.
  • Revenue of $14.05B (+12.3% Y/Y) in-line.
  • Q2 free cash flow of USD 6.3 billion (+37% USD).
  • Initiating up-to USD 10 billion share buyback to be completed by year-end

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