Pfizer's sales in the fourth quarter more than doubled, thanks to strong demand for its Covid-19 vaccine. But that wasn't good enough to satisfy investors
The drugmaker said it posted revenue of $23.8 billion, missing Wall Street's expectations of $24.1 billion. More than half of Pfizer's total sales, $13.9 billion, came from its vaccines unit.The company also reported net income of $3.4 billion, topping analysts' forecasts. Pfizer said it expects $32 billion in sales this year from Comirnaty, the Covid vaccine. Still, that was below Wall Street's expectations of nearly $34 billion.
Albert Bourla of Pfizer is the CNN Business CEO of the Year"In the early days of the Covid-19 pandemic, we committed to use all of the resources and expertise we had at our disposal to help protect populations globally against this deadly virus, as well as to offer treatments to help avoid the worst outcomes when infections do occur," said Pfizer CEO Albert Bourla in the earnings release.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Covid-19 news: Chinese study predicts impact of ending zero covidToday’s covid-19 news: · Chinese researchers predict 2 million deaths if zero covid restrictions lifted · Australia plans to reopen its borders this month · Hong Kong records its highest number of cases
Baca lebih lajut »
Covid-19: One Covid-related death and 2,694 more casesThe total number of deaths linked to the virus reported by the Department of Health is 3,128.
Baca lebih lajut »
Ottawa declares state of emergency over COVID-19 protestsTORONTO (AP) — The mayor of Canada's capital declared a state of emergency Sunday and a former U.S. ambassador to Canada said groups in the U.S. must stop interfering in the domestic affairs of America's neighbor as protesters opposed to COVID-19 restrictions continued to paralyze Ottawa's downtown.
Baca lebih lajut »
Parents name baby boy after doctor who treated mom for COVID-19Texas parents Diana and Chris Crouch named their baby son Cameron, after Dr. Cameron Dezfulian, who helped save Diana’s life when she had COVID-19.
Baca lebih lajut »
Indonesia to tighten Covid-19 curbs as infections climb – latest updatesIndonesia tightens social restrictions to stem rising infections. More Covid-19 updates: 🇵🇬 Papua New Guinea PM tests positive 🇯🇵 Japan mulls early approval for Shionogi Covid pill 🇰🇷 Covid cases in South Korea at over 1M For more:
Baca lebih lajut »