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Questcor (QCOR) Sees Q4, FY11 Revs Above Views

February 3, 2012 9:17 AM EST
QCOR Hot Sheet
EPS Growth %: +205.0%

Today's EPS Names:
TARO, BRLI, TLB, More
Questcor Pharmaceuticals, Inc. (Nasdaq: QCOR) today announced that it expects to report net sales of approximately $75 million and operating income of approximately $41 million to $43 million for the quarter ended December 31, 2011, as compared to $29.3 million in net sales and $10.8 million in operating income for the quarter ended December 31, 2010. The Company's cash, cash equivalents and short-term investments as of January 31, 2012 was approximately $214 million.

The Street sees revs of $68.2 million.

For the full year ended December 31, 2011, Questcor expects to report net sales of approximately $218 million and operating income of approximately $111 million to $113 million, as compared to $115.1 million in net sales and $53.8 million in operating income for the year ended December 31, 2010.

The Street sees revs of $210.8 million.


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