Celgene Corporation Announces 13% Gain In Q2 Bottom Line

(RTTNews) - Celgene Corporation (CELG) revealed a profit for its second quarter that increased from last year.

The company said its bottom line came in at $1.15 billion, or $1.44 per share. This was up from $1.02 billion, or $1.23 per share, in last year's second quarter.

The company said revenue for the quarter rose 20.6% to $2.75 billion. This was up from $2.28 billion last year.

Celgene Corporation earnings at a glance:

-Earnings (Q2): $1.15 Bln. vs. $1.02 Bln. last year. -Earnings Growth (Y-o-Y): 12.7% -EPS (Q2): $1.44 vs. $1.23 last year. -EPS Growth (Y-o-Y): 17.1% -Revenue (Q2): $2.75 Bln vs. $2.28 Bln last year. -Revenue Change (Y-o-Y): 20.6%

-Guidance: Full year EPS guidance: $5.70 - $5.75 Full year revenue guidance: $11.0 Bln