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Bristol Myers Squibb Co (BMY) SEC Filing 10-Q Quarterly report for the period ending Sunday, September 30, 2018

Bristol Myers Squibb Co

CIK: 319126 Ticker: BMY


Exhibit 99.1
bmslogoq22017a01.jpg

Bristol-Myers Squibb Reports Third Quarter Financial Results

Increases Third Quarter Revenues 8% to $5.7 Billion
Posts Third Quarter GAAP EPS of $1.16 and Non-GAAP EPS of $1.09
Presents Important New Clinical Data on Novel, Oral, Selective TYK2 Inhibitor for Potential Treatment of Patients with Moderate to Severe Plaque Psoriasis
Additional Opdivo Approvals Including for Adjuvant Treatment of Adult Patients with Melanoma in the European Union
Updates on Ongoing Regulatory Review of Opdivo Plus Low-Dose Yervoy in First-Line Lung Cancer
Updates 2018 GAAP and Non-GAAP EPS Guidance

(NEW YORK, October 25, 2018)
- Bristol-Myers Squibb Company (NYSE:BMY) today reported results for the third quarter of 2018 which were highlighted by strong sales and operating performance along with key regulatory and clinical milestones across the portfolio.

“We had a very good quarter with strong commercial performance and advances in our portfolio through important clinical and regulatory milestones, including exciting new data for psoriasis patients with our internally discovered and developed TYK2 inhibitor,” said Giovanni Caforio, M.D., chairman and chief executive officer, Bristol-Myers Squibb. “Looking forward, we will continue to deliver on our strategy through robust commercial execution and advancing the potential of our increasingly diverse R&D pipeline.”

 
Third Quarter
$ amounts in millions, except per share amounts
 
 
 
 
 
 
2018
 
2017
 
Change
Total Revenues
$
5,691

 
$
5,254

 
8
%
GAAP Diluted EPS
1.16

 
0.51

 
**

Non-GAAP Diluted EPS
1.09

 
0.75

 
45
%
** In excess of +/- 100%





1


The following information was filed by Bristol Myers Squibb Co (BMY) on Thursday, October 25, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Bristol Myers Squibb Co's 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Consolidated Balance Sheets (Unaudited)
Consolidated Statements Of Cash Flows (Unaudited)
Consolidated Statements Of Comprehensive Income (Unaudited)
Consolidated Statements Of Earnings (Unaudited)
Accrued Liabilities
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Alliances
Alliances (Details)
Alliances (Tables)
Basis Of Presentation (New Accounting Pronouncements) (Details)
Basis Of Presentation (Policies)
Basis Of Presentation And Recently Issued Accounting Standards (Notes)
Basis Of Presentation Recently Adopted Accounting Standards (Tables)
Business Segment Information
Divestitures (Details)
Divestitures (Notes)
Divestitures Divestitures (Tables)
Earnings Per Share
Earnings Per Share (Details)
Earnings Per Share (Tables)
Equity
Equity (Changes In Equity) (Details)
Equity (Other Comprehensive Income/(Loss)) (Details)
Equity (Tables)
Financial Instruments And Fair Value Measurements
Financial Instruments And Fair Value Measurements (Fair Value Measurement) (Details)
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Financial Instruments And Fair Value Measurements (Debt) (Details)
Financial Instruments And Fair Value Measurements (Derivatives And Hedging) (Details)
Financial Instruments And Fair Value Measurements (Tables)
Goodwill And Other Intangible Assets (Details)
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Inventories (Tables)
Legal Proceedings And Contingencies
Legal Proceedings And Contingencies (Details)
Other Income (Net)
Other Income (Net) (Details)
Other Income (Net) (Tables)
Other Intangible Assets
Pension And Postretirement Benefit Plans
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Property, Plant And Equipment
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Receivables (Tables)
Restructuring
Restructuring (Details)
Restructuring (Tables)
Revenue Recognition (Tables)
Revenue Recognition Disaggregation Of Revenue (Details)
Revenue Recognition Revenue Recognition (Notes)
Ticker: BMY
CIK: 14272
Form Type: 10-Q Quarterly Report
Accession Number: 0000014272-18-000197
Submitted to the SEC: Thu Oct 25 2018 11:36:04 AM EST
Accepted by the SEC: Thu Oct 25 2018
Period: Sunday, September 30, 2018
Industry: Pharmaceutical Preparations

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