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Jazz Pharma (JAZZ) Guides FY12 EPS, Revs Above Views; to Close Azur Pharma Acquisition

January 5, 2012 4:08 PM EST
Jazz Pharmaceuticals (Nasdaq: JAZZ) today provided full year financial guidance for 2012 reflecting the planned business combination with Azur Pharma Public Limited Company, which the companies are targeting to close during the week of January 16, 2012. The company also announced that the Hart-Scott-Rodino waiting period has expired.

In anticipation of the closing of the company's business combination with Azur Pharma, Jazz Pharmaceuticals is providing financial guidance for 2012 as follows:
  • Revs of $465 - $490 million, versus $462.8 million expected on the Street;

  • Product sales of $460 - $485 million; and

  • Adjusted EPS of $4.00 - $4.15. The Street sees $3.40


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