Pfizer trims 2023 revenue outlook as profits tumble
Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook
Pfizer trims 2023 revenue outlook as profits tumble

Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook, in part due to tornado damage to a key manufacturing facility. Profits in the second quarter were $2.3 billion, down 77 percent as revenues fell 54 percent to $12.7 billion. Quarterly revenues for Pfizer’s Covid-19 […]

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https://insiderpaper.com/pfizer-trims-2023-revenue-outlook-as-profits-tumble/

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