Cambrex Corp. (CBM) Tops Q1 EPS by 6c
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Cambrex Reports First Quarter 2015 Financial Results
May 1, 2015 7:00 AM EDTEAST RUTHERFORD, N.J., May 1, 2015 /PRNewswire/ -- Cambrex Corporation (NYSE: CBM) reports results for the first quarter ended March 31, 2015.
Highlights
Sales increased 18% compared to the first quarter of 2014, and increased 27% excluding foreign currency impact, driven by Innovator products and Controlled Substances. EBITDA increased to $18.0 million from $8.4 million in the first quarter of 2014. GAAP Diluted EPS from continuing operations was $0.26 versus $0.04 in the first quarter last year and Adjusted Diluted EPS was $0.29 compared to $0.07 in the same quarter last year. Net Cash... More