Emergent BioSolutions (EBS) Tops Q1 EPS by 23c

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Emergent BioSolutions Reports First Quarter 2016 Financial Results

May 5, 2016 4:18 PM EDT

Q1 2016 financial performance in line with guidanceCDC notifies the Company of its intent to award a follow-on BioThrax procurement contract on October 1, 2016In transitioning to the follow-on contract, the Company is temporarily postponing its 2016 financial guidance until CDC confirms level of Q2 and Q3 BioThrax procurement

GAITHERSBURG, Md., May 05, 2016 (GLOBE NEWSWIRE) -- Emergent BioSolutions Inc. (NYSE: EBS) reported financial results for the quarter ended March 31, 2016.

Q1 2016 FINANCIAL HIGHLIGHTS

Total revenues of $111.0 millionGAAP net income of $4.0 million, or $0.10 per diluted... More