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AbbVie reports third-quarter results beating estimates and announces dividend increase

The Motley Fool +1 · ·by G4L

ABBV Abbvie Inc
$291.31 +1.07%
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  1. 1AbbVie recorded total net sales of $17.4 billion in the third quarter.
  2. 2AbbVie achieved robust revenue growth of over 10% in total net sales for the third quarter.
  3. 3AbbVie announced a 5.2% increase in its quarterly cash dividend.

So what's the key point?

AbbVie performed better than expected by earning $17.4 billion in the third quarter. Revenue grew and the dividend was raised by 5.2%, which is good news for investors.

Source The Motley Fool +1 · View original ↗

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