Early Access

10-QPeriod: Q2 FY2010

AMGEN INC Quarterly Report for Q2 Ended Jun 30, 2010

Filed August 9, 2010For Securities:AMGN

Summary

Amgen Inc. (AMGN) reported its financial results for the second quarter ended June 29, 2010. The company demonstrated solid performance with continued revenue generation and active management of its operating expenses. Investors should note the company's ongoing focus on product sales and the management of its research and development pipeline. While specific figures for revenue and net income are detailed within the filing, the overall trend suggests a company navigating a dynamic pharmaceutical landscape. The Management's Discussion and Analysis section is crucial for understanding the drivers behind the financial performance, including any impacts from product sales, pipeline advancements, and strategic initiatives. Investors should pay close attention to the discussion on liquidity, capital resources, and any significant legal proceedings or risk factors that could influence future operations and financial health.

Financial Statements
Beta
Revenue$3.80B
Gross Profit$3.06B
SG&A Expenses$986.00M
Operating Expenses$2.29B
Operating Income$1.52B
Interest Expense$147.00M
Net Income$1.20B
EPS (Basic)$1.25
EPS (Diluted)$1.25
Shares Outstanding (Basic)959.00M
Shares Outstanding (Diluted)964.00M

Key Highlights

  • 1Amgen Inc. filed its 10-Q for the period ending June 29, 2010, providing an update on its financial condition and results of operations.
  • 2The report includes unaudited condensed consolidated financial statements: Statements of Income, Balance Sheets, and Cash Flows.
  • 3Management's Discussion and Analysis (MD&A) is a key section for investors to understand the operational performance and financial trends.
  • 4The filing addresses legal proceedings, which could represent potential financial or operational risks.
  • 5Risk factors are detailed, offering insights into potential challenges and uncertainties facing the company.
  • 6Information regarding unregistered sales of equity securities and use of proceeds is also presented.
  • 7Key financial statements are supplemented by detailed notes providing further context and explanation.

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