Wednesday, April 20, 2011

Gilead Q1 profit dips to $651.1M

Gilead Sciences Inc. on Wednesday reported first quarter net income of $651.1 million, or 80 cents a share, down from $854.9 million, or 92 cents a share in the same period last year.
Foster City-based Gilead (NASDAQ:GILD) had an 8 percent drop in revenue to $1.93 billion from the year-ago quarter's $2.09 billion.

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