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AbbVie Revenue Driven by Demand for Humira

June 3, 2023
in Trade Tube
Reading Time: 1 min read
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Shares of AbbVie were up Friday after the company reported a big jump in revenue. The drug maker said revenue rose to $6.45 billion, the increase driven by the demand for Humira. Earnings of $1.26 a share topped analysts’ predictions. The company expects full-year earnings in the range of $4.73 to $4.83 per share, which is higher than the previous guidance outlook. AbbVie shares have climbed more than 9% since the beginning of the year.

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