Impax Laboratories (IPXL) Tops Q3 EPS by 1c

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Impax Reports Third Quarter 2015 Financial Results

November 9, 2015 7:01 AM EST

HAYWARD, Calif., Nov. 9, 2015 /PRNewswire/ -- Impax Laboratories, Inc. (NASDAQ: IPXL) today reported third quarter 2015 financial results for the quarter ending September 30, 2015.

Total revenues for the third quarter 2015 increased 40% to $221.1 million, compared to $158.0 million in the prior year period. Adjusted diluted earnings per share (EPS) for the third quarter 2015 increased 21% to $0.40, compared to adjusted diluted EPS of $0.33 in the prior year period. On a GAAP basis, diluted EPS for the third quarter 2015 increased 123% to $0.49, compared to diluted EPS of $0.22 in the prior year period. A... More