Dr Reddy's Laboratories Ltd ADR

RDY: XNYS (USA)
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Dr. Reddy's Earnings: Reduced Lenalidomide Sales and Semaglutide Challenge Mark a Weak Start to Year

Dr. Reddy's delivered a 6% decline in revenue, missing FactSet consensus by a low-single-digit percentage, and a 56% decline in EBITDA during the first fiscal quarter. Shares were down 7% in early trading July 22 on the news.

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