Mallinckrodt (MNK) Tops Q2 EPS by 29c; Raises Outlook

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Mallinckrodt plc Reports Fiscal 2016 Second Quarter Results

May 3, 2016 6:00 AM EDT

CHESTERFIELD, United Kingdom, May 3, 2016 /PRNewswire/ -- Mallinckrodt plc (NYSE: MNK), a leading global specialty biopharmaceutical company, today reported results for the second quarter of fiscal 2016. Amounts reported reflect presentation of the company's former contrast media and delivery systems (CMDS) business as a discontinued operation. Unless otherwise noted, all comparisons of fiscal 2016 second quarter or first half performance are to the comparable periods of fiscal 2015.

Total Mallinckrodt net sales were $918.0 million in the second quarter of fiscal 2016, up 12.7% on a... More