Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of business and is important item when evaluating financial statements of a company. Revenues from a firm's main business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can includes product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Celgene Revenue Assessment
Based on latest financial disclosure Celgene Corporation reported 5.7 B of revenue. This is 21.21% higher than that of Healthcare sector, and 191.94% higher than that of Biotechnology industry, The Revenue for all stocks is 30.12% higher than the company.
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Celgene Corporation is rated fourth in revenue category among related companies. Market size based on revenue of Biotechnology industry is currently estimated at about 50.85 Billion. Celgene retains roughly 5.7 Billion in revenue claiming about 11% of stocks in Biotechnology industry.
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