Gilead: Q4 EPS down 42% YoY to $1.23

Thursday, 04. February 2021 22:04

Gilead Sciences Inc. announced on Thursday that its diluted earnings per share (EPS) stood at $1.23 in the fourth quarter of fiscal 2020, representing a 42% drop compared to the same period a year ago.

Total revenues amounted to $7.42 billion in the fourth three month period, marking a 26% jump from the same trimester last year. Net income attributable to Gilead stood at $1.55 billion, down 42% compared to the fourth quarter of 2019.

For the entire 2020, total revenues were $24.69 billion, a figure 10% higher than in 2019. Net income attributable to Gilead amounted to $123 million in 2020, losing 98% in comparison to the previous year, while diluted earnings per share also decreased by 98% to $0.10 in the 12-month period ending with December 31, 2020.

Gilead's shares rose by 2.31% in after-hours trading following the release of the report.

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Breaking the News / MS