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Amgen — Oct 30, 2024 release

Fiscal 2024 third-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000318154-24-000042
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Capital expenditures
“approximately $1.3 billion”
Period
FY2024
Measure
Company-defined measure
Source
Prose
All guidance in this release · 8
Dividend for Q3 FY2024
“$2.25 per share”
Total revenues for FY2024
“$33.0 billion to $33.8 billion”
EPS (GAAP basis) for FY2024
“$8.71 to $9.56”
Tax rate (GAAP basis) for FY2024
“9.0% to 10.5%”
EPS (non-GAAP basis) for FY2024
“$19.20 to $20.00”
Tax rate (non-GAAP basis) for FY2024
“14.0% to 15.0%”
Capital expenditures for FY2024
“approximately $1.3 billion”
Share repurchases for FY2024
“not to exceed $500 million”
Exhibit 99.1 · the passage around this item
… earlier in the release
• On a GAAP basis, EPS in the range of $8.71 to $9.56, and a tax rate in the range of 9.0% to 10.5%. • On a non-GAAP basis, EPS in the range of $19.20 to $20.00, and a tax rate in the range of 14.0% to 15.0%. • Capital expenditures to be approximately $1.3 billion. • Share repurchases not to exceed $500 million. Third Quarter Product and Pipeline Update The Company provided the following updates on selected product and pipeline programs: General Medicine MariTide (maridebart cafraglutide, AMG 133) • MariTide is a multispecific molecule that inhibits the gastric inhibitory polypeptide receptor (GIPR) and activates the glucagon like peptide 1 (GLP-1) receptor. • A Phase 2 study of MariTide is ongoing in adults who are living with overweight or obesity, with or without Type 2 diabetes mellitus. Topline data are anticipated in late 2024. • Planning for a broad Phase 3 program across multiple indications remains on track. • A Phase 2 study investigating MariTide was initiated for the treatment of Type 2 diabetes in patients with and without obesity. AMG 513 • A Phase 1 study of AMG 513 was initiated and is enrolling patients living with obesity. Olpasiran (AMG 890) • Olpasiran is a potentially best-in-class small interfering ribonucleic acid (siRNA) molecule that reduces lipoprotein(a) (Lp(a)) synthesis in the liver. • The Ocean(a)-Outcomes trial, a Phase 3 cardiovascular outcomes study, is ongoing in patients with atherosclerotic cardiovascular
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.