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RBC Capital Downgrades Concordia Healthcare (CXRX) to Sector Perform

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Concordia International Announces Third Quarter 2016 Results

November 7, 2016 7:00 AM EST

OAKVILLE, ON, Nov. 7, 2016 /PRNewswire/ - Concordia International Corp. ("Concordia" or the "Company") (NASDAQ: CXRX) (TSX: CXR), an international specialty pharmaceutical company focused on generic and legacy pharmaceutical products and orphan drugs, today announced its financial and operational results for the three and nine months ended September 30, 2016. All financial references are in U.S. dollars unless otherwise noted.

Financial Results for the Third Quarter 2016

Revenue of $185.5 million, a decrease of 19.9% compared with the second quarter of 2016 or a 14.4% decrease... More