Amgen — May 1, 2025 release
Fiscal 2025 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000318154-25-000018
Showing in the filing
Share repurchases
“not to exceed $500 million”
Period
FY2025
Measure
Declared action
Source
Prose
All guidance in this release · 8
Dividend for Q1 FY2025
“$2.38”
Total revenues for FY2025
“$34.3 billion to $35.7 billion”
Capital expenditures for FY2025
“approximately $2.3 billion”
Share repurchases for FY2025
“not to exceed $500 million”
GAAP diluted EPS for FY2025
“$ 12.21 — $ 13.46”
Non-GAAP diluted EPS for FY2025
“$ 20.00 — $ 21.20”
GAAP tax rate for FY2025
“11.0 % — 12.5 %”
Non-GAAP tax rate for FY2025
“14.5 % — 16.0 %”
Exhibit 99.1 · the passage around this item
… earlier in the release
• On a GAAP basis, EPS in the range of $12.21 to $13.46, and a tax rate in the range of 11.0% to 12.5%. • On a non-GAAP basis, EPS in the range of $20.00 to $21.20, and a tax rate in the range of 14.5% to 16.0%. • Capital expenditures to be approximately $2.3 billion. • Share repurchases not to exceed $500 million. This guidance includes the estimated impact of implemented tariffs, but does not account for any tariffs that could be implemented in the future, including potential sector-specific tariffs. First 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 differentiated peptide-antibody conjugate that activates the glucagon like peptide 1 (GLP-1) receptor and antagonizes the gastric inhibitory polypeptide receptor (GIPR). • MARITIME-1, a Phase 3 randomized, double-blind, placebo-controlled study to evaluate the efficacy, safety, and tolerability of maridebart cafraglutide is enrolling adults living with overweight or obesity, without Type 2 diabetes mellitus. • MARITIME-2, a Phase 3 randomized, double-blind, placebo-controlled study to evaluate the efficacy, safety, and tolerability of maridebart cafraglutide is enrolling adults living with overweight or obesity, with Type 2 diabetes mellitus. • Planning for additional MARITIME Phase 3 studies across multiple indications remains on track with additional studies expected to initiate throughout
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.