Shire plc (SHPG) Misses Q2 EPS by 18c; Updates on Outlook
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Shire Announces Second Quarter Earnings and Increases Full Year Non GAAP Diluted EPS Guidance to Mid-to-High Single Digit Growth
July 23, 2015 7:02 AM EDTDUBLIN, Ireland, July 23, 2015 /PRNewswire/ --
Shire (LSE: SHP, NASDAQ: SHPG) announces unaudited results for the three months to June 30, 2015.
Non GAAP Financial Highlights Q2 2015 Growth(1) CER(1)(2) $1,476 Product sales million +0% +6% $1,467 Product sales excluding INTUNIV(R) million +7% +12% $1,558 Total revenues million +4% +9% Non GAAP operating income $614 million -3% +0% US GAAP operating income from continuing operations $133 million -61%(3) Non GAAP EBITDA margin (excluding royalties & other revenues)(4) 39% -5pps(5) US GAAP net income margin(6) 10% -25pps(3) Non GAAP diluted earnings per ADS $2.63 -2% +3% US GAAP diluted earnings per ADS $0.81 -70% Non GAAP cash generation $505 million -23% Non... More