Akorn (AKRX) Issues Weak FY12 EPS, Revs Outlook
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Price: $0.09 --0%
Financial Fact:
OPERATING INCOME/(LOSS): 86.83M
Today's EPS Names:
BTTX, VAXX, ELYS, More
Financial Fact:
OPERATING INCOME/(LOSS): 86.83M
Today's EPS Names:
BTTX, VAXX, ELYS, More
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Akorn, Inc. (Nasdaq: AKRX), has provided full year 2012 financial guidance. The Company’s guidance includes the expected impact of the recent product acquisition from H. Lundbeck A/S, but excludes any impact of the pending acquisition of certain assets from Kilitch Drugs (India) Limited, as well as the impact from any products for which the company has not yet received FDA approval. The Company will provide a more detailed update during its year-end 2011 conference call.
Revs: $210 - $220 million
Adjusted EPS: 42 - 45 cents.
The Street is modeling revs of $221.1 million and EPS of 45 cents.
Revs: $210 - $220 million
Adjusted EPS: 42 - 45 cents.
The Street is modeling revs of $221.1 million and EPS of 45 cents.
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