Hello community, we recently read the new 2Q earnings report from Amgen ; /note to mention partner and I work for the company and they give us stock but we can’t get any money out until working for at least two years \* / in the report from the WallStreet Journal it is mention they exceeded expectations and their cash flow was good.
We honestly do not know much about how the market works. We are uncertain about the company’s future due to so many layoffs, outsourcing and more instability within the company. Will any expert in the stock market kindly explain if this very good 2Q report can be a predictor for future growth and stability? (Don’t even know if the question is correct. Forgive my ignorance)
Thank you !
Here’s the link for the report! Forgot to added
[https://www.wsj.com/business/earnings/amgen-lifts-outlook-on-strong-drug-sales-to-end-early-development-of-obesity-treatment-b39cb729](https://www.wsj.com/business/earnings/amgen-lifts-outlook-on-strong-drug-sales-to-end-early-development-of-obesity-treatment-b39cb729)