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Sep 30, 2022

Teva Q3 2022 Earnings Report

delivered a solid third quarter amidst foreign exchange headwinds

Key Takeaways

Teva Pharmaceutical Industries Ltd. reported a decrease of 8% in revenues compared to the third quarter of 2021, with revenues of $3,595 million. GAAP diluted EPS was $0.05 and Non-GAAP diluted EPS was $0.59. The company generated $543 million in cash flow from operating activities and $685 million in free cash flow.

Revenues of $3.6 billion

GAAP diluted EPS of $0.05

Non-GAAP diluted EPS of $0.59

Free cash flow of $685 million

Total Revenue
$3.6B
Previous year: $3.89B
-7.5%
EPS
$0.59
Previous year: $0.59
+0.0%
Gross Profit
$1.67B
Previous year: $1.79B
-6.9%
Cash and Equivalents
$2.23B
Previous year: $2.05B
+8.8%
Free Cash Flow
$685M
Previous year: $383M
+78.9%
Total Assets
$44.3B
Previous year: $47.9B
-7.5%

Teva

Teva

Teva Revenue by Segment

Teva Revenue by Geographic Location

Forward Guidance

Teva revised its 2022 revenues outlook due to continued foreign exchange headwinds, but reaffirmed its operating income, Adjusted EBITDA, EPS, and free cash flow guidance.

Revenue & Expenses

Visualization of income flow from segment revenue to net income