Teva Shares Climb On Profit Beat, $700 Million Cost Plan, Biopharma Pivot Momentum
1. TEVA's Q1 2025 revenue reached $3.89 billion, missing expectations. 2. Austedo's revenues increased 39%, contributing significantly to growth. 3. Adjusted EPS beat estimates at 52 cents per share. 4. Gross profit margin improved to 48.2%, driven by product mix. 5. Guidance for 2025 earnings raised, reflecting positive operational changes.