Gilead Sciences Shares Up 3% on Strong Q2 Results and Guidance
Shares of Gilead Sciences experienced a pre-market increase of 3% following the release of their second-quarter earnings, which exceeded analysts' expectations. The company reported a profit of $1.96 billion, highlighting strong performance in its key therapeutic areas.
In addition to the robust earnings, Gilead also updated its revenue forecast, indicating positive trends in demand for its products. This upward revision is expected to bolster investor confidence and reflect the company's ongoing growth strategy within the competitive pharmaceutical market.
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