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Abbott Laboratories Hit By Currency Exchange Effects

April 20, 2016 By Troi Freelan Leave a Comment

Abbott Laboratories Hit By Currency Exchange Effects

On Wednesday, Abbott Laboratories posted revenue declines that were foreign currency driven in its most recent quarter. However, the company raised its guidance for the year adding that it saw gains on a constant currency basis across every segment. Overall revenue was down 0.2% while its operational revenue, which excludes currency changes, was up 5.1%. […]

Filed Under: Business Tagged With: Abbott Laboratories, Currency Exchange

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