Eli Lilly announced its first quarter financial results on April 19. But even though the company trumpeted a global revenue growth rate of 9 percent—$5.49 billion, compared to Q1 2009’s $5.05 billion—net income fell 5 percent to $1.25 billion.
Part of the blame for that 4 percent difference, the company said, lies with the passage of [...]
Lower Lilly Earnings the Shape of Things to Come