The drugmaker’s revenue was boosted by several acquired products and recent commercial launches, which offset a decline from its Covid-19 vaccine Comirnaty, and unfavorable foreign currency translation.
The consumer giant said it has introduced a revamped version of its mid-priced Luvs diapers, after market-share losses dragged down sales for its baby, feminine and family care business.
A quartet of big tech companies is set to report results, and after a selloff among the “Magnificent Seven” hit the Nasdaq. Microsoft leads off Tuesday, followed by Facebook parent Meta Platforms on Wednesday.