BASEL, Switzerland (AP) 鈥� BASEL, Switzerland (AP) 鈥� Novartis AG (NVS) on Tuesday reported second-quarter net income of $3.26 billion.
On a per-share basis, the Basel, Switzerland-based company said it had net income of $1.71. Earnings, adjusted for non-recurring costs and amortization costs, were $2.41 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.20 per share.
The drugmaker posted revenue of $14.41 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $13.95 billion.
_____
This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/NVS
Copyright © 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
