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Pfizer beats Q4 earnings expectations, driven by Covid vaccine and pill sales, with revenue at $17.8B.
Pfizer reported strong fourth-quarter earnings, beating expectations with revenue of $17.8 billion, driven by sales of its Covid vaccine and pill.
Adjusted earnings reached 63 cents, higher than the predicted 47 cents.
The company also benefited from cost-cutting measures, aiming for $4.5 billion in savings by 2025.
Non-Covid product sales also showed a 12% increase, supported by cancer drugs and treatments for cardiomyopathy.
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Pfizer supera las expectativas de ganancias de Q4, impulsadas por las ventas de vacunas y píldoras de Covid, con ingresos de $17.8B.