Abbvie Up over 6% on 1Q18 Earnings Beat, Raised Earnings Forecast
AbbVie (ABBV) released its 1Q18 earnings results for the quarter that ended on March 31 today. The company posted net revenues of $7.93 billion, representing YoY (year-over-year) revenue growth of ~21.4%. The reported revenue exceeded analysts’ estimates of $7.59 billion.