ANI Pharma (ANIP) Tops Q1 EPS by 1c

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ANI Pharmaceuticals Reports First Quarter 2015 Financial Results

May 5, 2015 8:00 AM EDT

BAUDETTE, Minn., May 5, 2015 /PRNewswire/ -- ANI Pharmaceuticals, Inc. ("ANI") (NASDAQ: ANIP) today reported financial results for the three months ended March 31, 2015 and reaffirmed its revenue, non-GAAP EBITDA, and non-GAAP earnings per share guidance for 2015.

First Quarter 2015 Highlights Include:

First quarter net revenues of $18.8 million, an increase of 72% as compared to $10.9 million for the same period in 2014. First quarter adjusted non-GAAP EBITDA of $11.5 million, an increase of 170% as compared to $4.2 million for the same period in 2014. First quarter operating income of $9.6 million, an increase... More