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October 17, 2007
By: Tim Wright
Abbott Laboratories 3Q Revenues: $6.4 billion (+14%) 3Q Earnings: $717 million (flat) YTD Revenues: $18.7 billion (+15%) YTD Earnings: $2.4 billion (+10%) Comments: Pharma sales grew 20% to $3.5 billion in 3Q07, driven by growth in Humira, Kaletra and TriCor sales. Earnings were impaired by costs related to a buyout of Guidant’s stent business.
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