Abbott Q2 net profit falls as weaker COVID-19 test sales drag on revenue

Abbott Q2 net profit falls as weaker COVID-19 test sales drag on revenue

Source: 
Medtech Dive
snippet: 

Abbott on Thursday posted a decline in second-quarter net earnings as demand for its COVID-19 testing supplies continued to wane, but the company raised the outlook for its base business on higher sales of its medical devices and nutrition products.