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Bristol Myers Squibb sees revenue fall in Q4

Bristol Myers Squibb sees revenue fall in Q4

Shares of Bristol Myers Squibb Co. (BMY) gained 0.9% in premarket trading on Thursday after the company announced better-than-expected earnings for the fourth quarter of 2022. Bristol Myers Squibb had a profit of $2.0 billion, or 95 cents per share, in the fourth quarter, down from $2.3 billion, or $1.07 per share, in the same quarter in 2021. Bristol Myers Squibb had revenue of $11.4 billion for the quarter, down from $11.9 billion in the same quarter in 2021.