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Lantheus Holdings (LNTH) Tops Q2 EPS by 12c

August 1, 2017 4:05 PM

Lantheus Holdings (NASDAQ: LNTH) reported Q2 EPS of $0.35, $0.12 better than the analyst estimate of $0.23. Revenue for the quarter came in at $88.8 million versus the consensus estimate of $80.56 million.

Outlook

The Company has increased its full-year 2017 worldwide revenue guidance range to $318 million to $322 million from $313 million to $318 million, and expects worldwide revenues in the range of $75 million to $78 million for the third quarter of 2017.

The Company has also increased its full-year 2017 guidance range for Adjusted EBITDA, as described in the GAAP to non-GAAP reconciliation provided later in this release, to $82 million to $85 million from $80 million to $83 million, measuring 25.5% to 26.7% of worldwide revenues. For the third quarter of 2017, the Company expects Adjusted EBITDA in the range of $17 million to $19 million.

The full-year guidance for both revenue and Adjusted EBITDA excludes the impact of the up-front payment received from GE Healthcare.

The Company’s guidance for worldwide revenues and Adjusted EBITDA are forward-looking statements. They are subject to various risks and uncertainties that could cause the Company’s actual results to differ materially from guidance. Forward-looking statements are not predictions of the Company’s actual performance. See the cautionary information about forward-looking statements in the “Safe-Harbor Statement” section of this press release.

For earnings history and earnings-related data on Lantheus Holdings (LNTH) click here.

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Earnings Guidance

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