Gilead Sciences Inc. Reports Rise In Q4 Income

(RTTNews) - Gilead Sciences Inc. (GILD) revealed earnings for its fourth quarter that increased from the same period last year

The company's earnings totaled $1.7 billion, or $1.42 per share. This compares with $1.4 billion, or $1.14 per share, last year.

Excluding items, Gilead Sciences Inc. reported adjusted earnings of $2.3 billion or $1.90 per share for the period.

The company's revenue for the period rose 5.6% to $7.6 billion from $7.2 billion last year.

Gilead Sciences Inc. earnings at a glance (GAAP) :

-Earnings: $1.7 Bln. vs. $1.4 Bln. last year. -EPS: $1.42 vs. $1.14 last year. -Revenue: $7.6 Bln vs. $7.2 Bln last year.