Gilead Q2 Earnings Soar As HCV Shines, HIV Rebounds

By | July 28, 2015

Scalper1 News

Big biotech Gilead Sciences handily beat analysts’ Q2 estimates and raised its full-year guidance Tuesday afternoon, led by sales of its blockbuster hepatitis C drugs. Earnings, excluding one-time items, rose 33.5% over the year-earlier quarter to $3.15 a share, beating analysts’ consensus by 44 cents, according to Thomson Reuters. Revenue climbed 26% to $8.24 billion, some $800 million above the Street’s number. Gilead (GILD) duly Scalper1 News

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