Akorn, Inc. (AKRX) Tops Q3 EPS by 6c, Tweaks FY11 Guidance

November 1, 2011 7:03 AM EDT
Akorn, Inc. (NASDAQ: AKRX) reported Q3 EPS of $0.13, $0.06 better than the analyst estimate of $0.07. Revenue for the quarter came in at $36.6 million versus the consensus estimate of $33.1 million.

Akorn, Inc. sees FY2011 revenue of $130-$132 million, versus the consensus of $124.51 million. The Company’s 2011 gross margin is projected to be approximately 57%.


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Earnings, Guidance