Merck hikes revenue outlook as new drug sales grow, but cuts profit guidance due to deal charges
· cnbc.com
Merck cut its profit guidance due to a charge tied to its acquisition of biotech company Terns Pharmaceuticals.
The exterior view of the entrance to Merck headquarters in Rahway, New Jersey, on Feb. 5, 2024.
Merck on Tuesday beat second-quarter estimates and hiked its re...