Tags: J&J | johnson | earnings | profit

J&J's First-quarter Profit Falls 8.6 Percent

Tuesday, 14 Apr 2015 04:16 AM

Johnson & Johnson reported an 8.6 percent fall in quarterly profit as the impact of a strong dollar on overseas revenue offset growing sales of its mainstay older drugs.

The company's net profit fell to $4.32 billion, or $1.53 per share, in the first quarter, from $4.73 billion, or $1.64 per share, a year earlier.

Revenue fell 4.1 percent to $17.37 billion.

© 2017 Thomson/Reuters. All rights reserved.

 
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Johnson & Johnson reported an 8.6 percent fall in quarterly profit as the impact of a strong dollar on overseas revenue offset growing sales of its mainstay older drugs.
J&J, johnson, earnings, profit
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2015-16-14
Tuesday, 14 Apr 2015 04:16 AM
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