Alere (ALR) Tops Q1 EPS by 8c

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Go back to Alere (ALR) Tops Q1 EPS by 8c

Alere Reports Preliminary First Quarter 2015 Financial Results and Announces 2014 Restatement

May 5, 2015 7:01 AM EDT

WALTHAM, Mass., May 5, 2015 /PRNewswire/ -- Alere Inc. (NYSE: ALR), a global leader in rapid diagnostic tests, today announced its preliminary financial results for the quarter ended March 31, 2015.  Net revenue was $610.4 million, a decrease of 2.4 percent, compared to $625.2 million in the first quarter of 2014. Non-GAAP adjusted net revenue was $610.7 million, a decrease of 2.4 percent, compared to $625.7 million in the first quarter of 2014. Net revenue in the first quarter of 2015 included negative foreign currency impact of $28.7 million.

Net Revenue (in millions)

First Quarter... More