April 25, 2024
Loading...
You are here:  Home  >  Banking & Finance  >  Tri-County Public Companies  >  Earnings  >  Current Article

Amgen tax hit lowers net income 74 percent for 2017

IN THIS ARTICLE

After a $6 billion tax hit, net income at Amgen fell 74 percent in 2017, coming off a fourth quarter in which revenues decreased 3 percent to $5.8 billion and net losses reached $4.26 billion. The Thousand Oaks-based biotech giant also announced that its board of directors increased its share repurchase program by $10 billion,…

Subscribe

    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.