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DewDiligence

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DewDiligence

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Re: DewDiligence post# 781

Thursday, 07/20/2023 12:33:06 PM

Thursday, July 20, 2023 12:33:06 PM

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ABT 2Q23 Results by Business Segment 
  
                  %Corp      YoY Growth    
 Segment          Sales   (const currency) 
 Medical devices*  43%       +14% 
 Diagnostics       23%       -46%† 
 Nutrition         21%       +10% 
 Branded generics  13%       +13%
62% of overall corporate sales were ex-US.

*Includes diabetes care.

†2Q23 COVID-diagnostics sales were $263M (11% of total 2Q23 diagnostic sales) vs $2.3B in 2Q22; excluding COVID diagnostics, 2Q23 diagnostics sales were +7% YoY.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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