BD reports Q2 increase in revenues

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Becton Dickinson (BD) reported an increase in revenues for the second quarter of 2022, despite continuing to experience a decline in revenue worldwide from COVID-19 testing.

The company reported revenues of $5 billion in the second quarter (end-March 31, 2022), an increase of 2.1% over the same time period last year. The increase was driven by base revenue growth of 8.2%, partially offset by a decline in worldwide COVID-only testing revenues to $214 million from $474 million in the same period last year, BD said.

The company posted net income of $454 million, compared to net income of $299 million in the second quarter of fiscal year 2021.

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