00:00It's Benzinga, and here's what's on the block.
00:02Novo Nordisk reported weaker-than-expected net profit for the second quarter, with net
00:06profit at just under $3 billion, slightly below forecasts.
00:11Earnings before interest and tax also missed expectations.
00:14The Danish healthcare company revised its operating profit growth forecast for the rest
00:18of the year, but raised its sales growth expectations.
00:22Shares fell nearly 7 percent, then recovered slightly.
00:25The company's CEO said he expects attractive growth in the coming months, despite increasing
00:29competition and regulatory changes.
00:31For all things money, visit Benzinga.com.
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