Friday, July 31, 2020

Merck Q2 Results Top Estimates; Boosts FY20 Outlook

Biopharmaceutical company Merck & Co., Inc. reported a profit for the second quarter that increased 12 percent from last year on lower expenses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. Looking ahead, the company raised its earnings and revenue outlook for full-year 2020.

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