USSTOCK.TODAY
Market Closed
Log in Sign up

Abbott Laboratories reports $13 billion in Q3 revenue and announces nutrition business spin-off

The Motley Fool +1 · ·by G4L

ABT Abbott Laboratories
$110.46 -0.05%
View chart & analysis →
  1. 1Abbott Laboratories recorded $13 billion in Q3 revenue.
  2. 2Abbott Laboratories will spin off its nutrition business into an independent company.
  3. 3Abbott Laboratories acquired Exact Sciences for $21 billion in cash earlier this year.

So what's the key point?

Abbott Laboratories earned $13 billion in revenue during the third quarter and decided to separate its nutrition business. The company purchased Exact Sciences for cash earlier this year.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Comparison of Business Models and Financial Performance of Abbott Laboratories and UnitedHealth Group The Motley Fool +1 · Oct 25Abbott Q3 Revenue Beats Estimates; Announces Plan to Spin Off Nutrition Business The Wall Street Journal +7 · Oct 21SpaceX and Tesla Considering Merger, Meta Earnings Results Pending MarketWatch +3 · Oct 21
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news