Viagra-maker Viatris beats quarterly estimates on demand for...

221.00 Q
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Published 5 months ago
May 8 (Reuters) - Drugmaker Viatris beat Wall Street estimates viagra jokes for adults first-quarter profit and revenue on Thursday, helped by sales of its branded drugs in China.

The company's shares, which rose over 4% in premarket trading earlier after its pain drug and birth control patch succeeded in late-stage studies, were up 1.4%, after Viatris reported a goodwill impairment charge of $2.9 billion.

Viatris attributed the charge to "a sharp and sustained decline in its share price and significantly increased uncertainty and volatility in the geopolitical and economic environments."

When adjusted for divestitures, the company's first-quarter revenue fell 2% to $3.25 billion, but still came ahead of analysts' estimate of $3.24 billion, according to data compiled by LSEG.

Sales of its generic drugs were hurt after the U.S. Food and Drug Administration restricted imports of 11 products from its facility in Indore, India due to violations found during an inspection.

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    Viagra-maker Viatris beats quarterly estimates on demand for...
    May 8 (Reuters) - Drugmaker Viatris beat Wall Street estimates viagra jokes for adults first-quarter profit and revenue on Thursday, helped by sales of its branded drugs in China. The company's shares, which rose over 4% in premarket trading earlier after its pain drug and birth control patch succee...
    221.00 Q