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In Tough Market, Teva Reduces Mountain of Debt – The Pharma Letter

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08.02.2023
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Home » Economics » In Tough Market, Teva Reduces Mountain of Debt – The Pharma Letter

In Tough Market, Teva Reduces Mountain of Debt – The Pharma Letter

08/02/2023 15:13:11
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Yield Curves and Leverage Limits: Investing Beyond the Headlines – AllianceBernstein

Yield Curves and Leverage Limits: Investing Beyond the Headlines – AllianceBernstein

01.04.2023

Teva Pharmaceutical Industries (NYSE/TASE: TEVA) posted revenue of $3.9 billion in the fourth quarter of 2022, around what most analysts had expected, for annual revenue of 14, $9 billion.

In accordance with generally accepted accounting principles (GAAP), the company generated a loss of $1.10 per share in the last quarter and a total loss per share in 2022 of $2.12.

The decline in revenue from 2021 is partly the result of lower Copaxone sales…

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