Amgen Revenue Slipped 1% in the Fourth Quarter

Amgen Revenue Slipped 1% in the Fourth Quarter

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Motley Fool
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Fourth-quarter revenue for Amgen (NASDAQ: AMGN) slipped 1% year over year to $6.2 billion as the company faced competition from biosimilar and generic competition for its older medications. Adjusted earnings per share increased 6% year over year, boosted by the company's repurchase of 40.2 million shares for $7.6 billion during 2019.