GlaxoSmithKline plc (ADR) (NYSE:GSK)
About GlaxoSmithKline plc GlaxoSmithKline plc (GSK) is global healthcare group, which is engaged in the creation and discovery, development, manufacture and marketing of pharmaceutical products, including vaccines, over-thecounter (OTC) medicines and health-related consumer products. Its principal pharmaceutical products include medicines in the therapeutic areas, such as respiratory, anti-virals, central nervous system, cardiovascular and urogenital, metabolic, anti-bacterials, oncology and emesis, dermatalogicals and vaccines. The Company's segments include Pharmaceuticals and Consumer Healthcare.
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Financials GlaxoSmithKline plc (ADR) (NYSE:GSK)generated total revenue of $6.81 billion in current quarter which is significantly less than previous quarter’s revenue of $7.02 billion. Moreover, Operating and net income have decreased which led to lower EPSfor present quarter as compared to previous quarter’s ending. The company’s cash flow from operation stood at $5.33 billion as contrasted to last quarter’s cash flow from operation which was placed at $4.23 billion. Increased CFOshows that company generated more cash than its expenses. According to most recent financials as on September 30, 2010 total assets mount up to $42.64 billion. Return on equity and return on assets both are decreasing. Total liabilities and total equity stand at $32.89billion and $9.80billion respectively.
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Published on Jan 11, 2011
GlaxoSmithKline plc (ADR) (NYSE:GSK) About GlaxoSmithKline plc GlaxoSmithKline plc (ADR) (NYSE:GSK)generated total revenue of $6.81 billion...