Business Standard

Pfizer's quarterly profit more than doubles

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Reuters

REUTERS - Pfizer Inc's third-quarter profit more than doubled, while revenue remained largely flat.

The largest U.S. drugmaker posted net income of $2.84 billion, or 47 cents per share, in the third quarter, from $1.36 billion, or 22 cents per share, a year earlier.

Revenue rose to $13.17 billion from $13.05 billion.

(Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by Saumyadeb Chakrabarty)

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First Published: Oct 31 2017 | 4:43 PM IST

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