Perrigo (PRGO) Tops Q4 EPS by 22c

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Perrigo Company plc Reports Record Quarterly Net Sales, Adjusted Gross Margin, Adjusted Net Income And Cash Flow From Operations

August 5, 2015 7:46 AM EDT

DUBLIN, Aug. 5, 2015 /PRNewswire/ -- 

Second Quarter Calendar Year 2015* Highlights:

Delivered record quarter net sales of $1.53 billion, comprised of $1.15 billion from consumer-facing businesses. Compared to the prior year, adjusted net income increased 37% to a record $320 million, with adjusted diluted earnings per share of $2.18 up 25%. Achieved record adjusted gross margin of 49.1% and record second calendar quarter adjusted operating margin of 28.5%. Reported second calendar quarter GAAP net income of $56 million and GAAP diluted earnings per share of $0.38 with GAAP gross... More