Abbott Laboratories
ABT: XNYS (USA)
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| LOCK|Ml | LOCK|Z@@q | LOCK|!?$#&S< |
Abbott Labs: Solid Quarterly Results, but Firm Looks Forward to Shedding Nutrition
Abbott reported third-quarter revenue growth of 15% year over year, boosted by the addition of Exact Sciences. Reported earnings fell 44% due to increased amortization, legal settlements, and acquisition costs. Abbott also indicated the nutrition business will be spun off in late 2027.
