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Form 8-K · Current Report · Filed 2024-11-06

Gilead Sciences Reports Third Quarter 2024 Financial Results

Gilead Sciences, Inc. announced its third quarter 2024 financial results, showing a 7% year-over-year increase in total revenue to $7.5 billion. Product sales, excluding Veklury, grew by 7% to $6.8 billion. Biktarvy sales increased by 13%, while oncology sales rose by 6%. Gilead also provided updated financial guidance for the full year 2024. The press release and reconciliation tables are furnished as Exhibit 99.1.

Filer
Gilead Sciences Inc. GILD · NASDAQ
Filed
Accession
0000882095-24-000025
CIK
0000882095
Signal
High impactHealthcare

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat Raised Guidance
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$90.22

Next session

+8.5%

Since filing

+44.3%

Latest close

$130.21

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from GILD reporting the same item, with the next session's move:

Exhibits (1)

About Gilead Sciences Inc.

Gilead Sciences Inc. is a biopharmaceutical company that focuses on researching, developing, and commercializing innovative medicines in areas of unmet medical need. It is globally recognized for its distinguished work, particularly in the treatment of HIV, liver diseases such as hepatitis B and C, and various forms of cancer. The company's portfolio includes groundbreaking antiviral therapies and a robust pipeline of investigational drugs. Headquartered in Foster City, California, Gilead Sciences Inc. significantly contributes to the healthcare sector by extending the lives of patients with serious illnesses worldwide. Through strategic partnerships and continuous innovation, Gilead remains at the forefront of modern medicine, enhancing its role in the global pharmaceutical market.

Exchange NASDAQ Industry Drug Manufacturers - General Company website ↗

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