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AbbVie Inc. [ABBV] reports annual net loss of $4.9 billion

AbbVie Inc. [ABBV] reports annual net loss of $4.9 billion

Company Reports Revenue of $54.3 billion

By USInMinutes
Published - Mar 07, 2024, 04:37 AM ET
Last Updated - Mar 07, 2024, 04:37 AM EST

AbbVie Inc. [ABBV] has reported a net loss of $4.9 billion for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $54.3 billion

Based in NORTH CHICAGO, Illinois, AbbVie Inc. operates in the MANUFACTURING sector.

AbbVie Inc. released its annual Consolidated Statements of Earnings, comparing the financial results for the 12 months ended December 31, 2023, with the same period in 2022 and 2021.

Net revenues for 2023 were reported at $54.32 billion, a decrease from $58.05 billion in 2022 and $56.20 billion in 2021.

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