Lilly to record $111M pre-tax IPR&D charges in Q1 (NYSE:LLY)

April 5, 2024

in Business

Reading Time: 2 mins read

[ad_1]

Indianapolis - April 2016: Eli Lilly and Company V — jetcityimage/iStock Editorial through Getty Pictures

Eli Lilly stated its Q1 earnings report will embrace acquired IPR&D expenses of roughly $111M on a pre-tax foundation, amounting round $0.10 per share on a GAAP and adjusted foundation.

The corporate’s Q1 report has not but been finalized and precise outcomes might differ from its preliminary estimates, in accordance with a press release posted on its web site.

Lilly is predicted to launch its Q1 earnings report on April 30.

[ad_2]

Source link