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Novartis Q1 2023 Earnings Report

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$110.31 -0.78 (-0.70%)
As of 03/25/2025 03:58 PM Eastern

Novartis EPS Results

Actual EPS
$1.71
Consensus EPS
$1.55
Beat/Miss
Beat by +$0.16
One Year Ago EPS
$1.46

Novartis Revenue Results

Actual Revenue
$12.95 billion
Expected Revenue
$12.60 billion
Beat/Miss
Beat by +$354.31 million
YoY Revenue Growth
+3.40%

Novartis Announcement Details

Quarter
Q1 2023
Time
Before Market Opens
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Novartis Earnings Headlines

Novartis gets third FDA approval for oral Fabhalta
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About Novartis

Novartis (NYSE:NVS) engages in the research, development, manufacture, and marketing of healthcare products in Switzerland and internationally. The company offers prescription medicines for patients and physicians. It focuses on therapeutic areas, such as cardiovascular, renal and metabolic, immunology, neuroscience, and oncology, as well as ophthalmology and hematology. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran, a therapy to reduce LDL cholesterol; and Dawn Health for the development and commercialization of Ekiva, a digital solution designed for people living with Paroxysmal Nocturnal Hemoglobinuria. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.

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