Teva Shares Soar 17% After Strong Q3 Results and Raised Outlook on AUSTEDO Growth
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) reported third-quarter earnings that surpassed expectations, boosted by robust sales of its key innovative therapies and an improved full-year outlook. Shares surged more than 17% in intra-day trading on Wednesday. The company posted adjusted earnings of 0.68. Revenue rose 3% year over year to 4.36 billion consensus estimate and representing 1% growth in local currency. Teva’s inn ...