EZBrisk / Market Verdict

Amgen beats on revenue and EPS

Amgen delivered a clean quarter with double-digit revenue growth and strong cash generation, though the stock's sharp rally likely reflects relief that guidance was maintained despite biosimilar headwinds on key franchises.

Sources: https://www.sec.gov/Archives/edgar/data/318154/000031815426000124/amgn-20260804.htm, https://www.sec.gov/Archives/edgar/data/3

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