Abbott Reports Strong Revenue and Sales Growth in Third Quarter Abbott has announced financial results for the third quarter ended Sept. 30, 2008 treatments . Diluted revenue per talk about, excluding specified items, had been $0.79, above Abbott’s previously announced guidance selection of $0.76 – $0.78, reflecting 17.9 % growth. Diluted earnings per share under Generally Approved Accounting Principles were $0.69, up 50.0 %. Today, Abbott can be raising its guidance for full-12 months 2008 adjusted income per share to $3.31 – $3.33 from $3.24 – $3.28, excluding specified items.
Emerging markets sales had been $2.3 billion, up 38.4 % from the last year, with strong growth across most of Abbott’s operating divisions and like the impact of acquisitions. Abbott is normally confirming ongoing earnings-per-share guidance for the full-year 2011, reflecting double-digit development over 2010 at the midpoint of the number. ‘Stronger-than-expected product sales helped us deliver 12 % ongoing earnings-per-share development in the first one fourth,’ said Kilometers White, chairman and chief executive officer. ‘Growth was balanced across our three key strategic business categories – Long lasting Development, Proprietary Pharmaceuticals and Innovation-Driven Devices, reflecting healthy overall performance across our global functions, including continued rapid development in emerging marketplaces.’ About Abbott Abbott is definitely a global, broad-based healthcare company devoted to the discovery, development, manufacture and advertising of pharmaceuticals and medical products, including nutritionals, diagnostics and devices.