Teva rises as forex impact drives Q1 revenue miss

Building of Teva Canada Markham manufacturing facility.

JHVEPhoto/iStock Editorial via Getty Images

Shares of Teva Pharmaceutical (NYSE:TEVA) traded higher in the premarket on Wednesday after the generic drugmaker cited unfavorable forex movements as its revenue for the first quarter of 2025 fell short of Street forecasts.

The Israeli company posted $3.9B in revenue

Leave a Reply

Your email address will not be published. Required fields are marked *