Bristol-Myers Squibb Q2 revenues hit $5.1B — 5 key notes

Bristol-Myers Squibb reported second quarter fiscal year 2017 revenues of $5.1 billion on July 27.

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Here’s what you should know:

1. The company’s revenues increased 6 percent year-over-year.

2. U.S. revenues also increased 7 percent accounting for $2.9 billion of the total revenues.

3. Bristol-Myers Squibb’s Opdivo and Eliquis had strong sales over the quarter contributing to the increased revenues.

4. The company’s net earnings were $916 million, or $0.56 per share.

5. Concerning rest-of-year outlooks, Bristol-Myers Squibb decreased its earnings per share range estimates from $2.72 to $2.87 originally to $2.66 to $2.76.

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