Merck Posts Mixed Q2 Results with Strong Sales Growth
Merck & Co., Inc. (MRK) reported Q2 sales of $16.6 billion, up 5% from last year or 4% excluding foreign exchange.
The company's GAAP net loss attributable to Merck was $1.335 billion and a diluted loss per share of $0.54.
This includes a $2.31-per-share charge tied to its acquisition of Terns Pharmaceuticals.