UPDATE: Impax Laboratories (IPXL) Posts Q3 EPS of 48c; Sees Q4 Revs Down 15% - 20%

October 30, 2012 8:05 AM EDT
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Price: $18.30 --0%

Financial Fact:
Gross profit: -165.43M

Today's EPS Names:
SVBT, ZEO, OTLK, More
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(Updated - October 30, 2012 8:20 AM EDT)

Impax Laboratories Inc. (NASDAQ: IPXL) reported Q3 EPS of $0.48, versus the analyst estimate of $0.49. Revenue for the quarter came in at $145.6 million versus the consensus estimate of $160.76 million.

With the recent additional competition on fenofibrate capsules and generic Adderall XR®, the Company expects its total revenues for the fourth quarter of 2012 to decline by approximately 15% to 20% from the third quarter of 2012.

For earnings history and earnings-related data on Impax Laboratories Inc. (IPXL) click here.


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