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Abbott posts 16% fall in profit, suspends 2020 forecast on coronavirus concerns

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Home Blogs > Business
Apr 16 '20 | By oiam2companyadmin | Views: 45 | Comments: 0

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Abbott Laboratories Inc posted a 16% drop in quarterly profit on Thursday partly due to a tax expense and suspended its full-year forecast citing the uncertainty caused by the coronavirus outbreak.
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Source: https://www.reuters.com/article/us-abbott-results/abbott-posts-16-fall-in-profit-suspends-2020-forecast-on-coronavirus-concerns-idUSKCN21Y1MP?feedType=RSS&feedName=businessNews

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