336
views
views
Pfizer reported a steep drop in profits Tuesday on much lower Covid-related revenues as it curtailed its full-year sales outlook
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 […]
The post Pfizer trims 2023 revenue outlook as profits tumble appeared first on Insider Paper.
https://insiderpaper.com/pfizer-trims-2023-revenue-outlook-as-profits-tumble/
Comments
0 comment