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ANI Pharma 1Q earnings up 43%

May 6, 2017

ANI Pharmaceuticals, Inc. ( ANIP ) reported a profit for its first quarter that advanced compared to the same period last year.

The company said its bottom line totaled $8.65 million, or $0.74 per share.

This was higher than $6.03 million, or $0.53 per share, in last year’s first quarter.

The company said revenue for the quarter rose 78.2% to $36.63 million. This was up from $20.56 million last year.

ANI Pharmaceuticals, Inc. earnings at a glance:

-Earnings (Q1): $8.65 Mln. vs. $6.03 Mln. last year.
-Earnings Growth (Y-o-Y): 43.4%
-EPS (Q1): $0.74 vs. $0.53 last year.
-EPS Growth (Y-o-Y): 39.6%
-Revenue (Q1): $36.63 Mln vs. $20.56 Mln last year.
-Revenue Change (Y-o-Y): 78.2%

Guidance:

Full year EPS guidance: $3.58 - $3.94.
Full year revenue guidance: $181 - $190 Mln

http://bit.ly/2qOw8bQ

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