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Novartis Q3 core net income rises to $3.47 bln

Credit: REUTERS/CHARLES PLATIAU

October 27, 2020 — 02:03 am EDT

Written by John Miller for Reuters ->

Corrects to say core net income was up, not down, in first paragraph

ZURICH, Oct 27 (Reuters) - Swiss drugmaker Novartis NOVN.S on Tuesday said third-quarter core net income was $3.47 billion, up from $3.21 billion a year ago.

Analysts polled by Refinitiv had, on average, forecast $3.2 billion.

(Reporting by John Miller; editing by Brenna Hughes Neghaiwi)

((J.Miller@thomsonreuters.com; +41 58 306 7734; Reuters Messaging: j.miller.thomsonreuters.com@reuters.net))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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