Lannett (LCI) Reports Q2 EPS of $1.21

Lannett (NYSE: LCI) reported Q2 EPS of $1.21, $0.15 better than the analyst estimate of $1.06. Revenue for the quarter came in at $114.8 million versus the consensus estimate of $102.95 million.

Lannett sees FY2015 revenue of $395-405 million, versus prior guidance of $370-390 million and the consensus of $401.35 million.

Gross margin as a percentage of net sales of approximately 74% to 75%, revised from 73% to 75%;

For earnings history and earnings-related data on Lannett (LCI) click here.

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