Valeant Pharma (VRX) Misses Q2 EPS by 10c; Boosts FY15 Outlook

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Valeant Pharmaceuticals Reports Second Quarter 2015 Financial Results

July 23, 2015 6:00 AM EDT

LAVAL, Quebec, July 23, 2015 /PRNewswire/ --

2015 Second Quarter Results

Total Revenue $2.7 billion; an increase of 34% over the prior year Excluding negative impact of foreign exchange ($173 million) and the contribution of Salix ($313 million), revenue increased 27% over the prior year Same Store Sales Organic Growth was 19%, driven by: U.S. businesses, driven by the strength of dermatology, contact lenses, dental and Obagi Emerging markets including China, the Middle East/North Africa, and Russia GAAP EPS Loss of... More