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Amgen (AMGN) posted second quarter revenue of $8.4 billion, coming in slightly above the estimated $8.34 billion. However, the pharmaceutical company missed on adjusted earnings expectations by just a hair, coming in at $4.97 per share instead of $4.98.
Yahoo Finance Senior Reporter Anjalee Khemlani digs into the earnings report and how its obesity drug MariTide could provide an earnings boost down the line if approved.
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This post was written by Melanie Riehl