BASEL, Switzerland (AP) — Novartis AG (NVS) on Tuesday reported fourth-quarter net income of $2.09 billion.
On a per-share basis, the Basel, Switzerland-based company said it had profit of 92 cents. Earnings, adjusted for non-recurring costs, were $1.34 per share.
The drugmaker posted revenue of $12.77 billion in the period.
For the year, the company reported profit of $8.07 billion, or $3.52 per share. Revenue was reported as $48.66 billion.
Novartis shares have risen slightly more than 4% since the beginning of the year. The stock has increased nearly 4% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVS at https://www.zacks.com/ap/NVS
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