Flamel Technologies (FLML) Misses Q1 EPS by 10c
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Flamel Technologies Reports First Quarter 2016 Results
May 9, 2016 7:30 AM EDTLYON, FRANCE -- (Marketwired) -- 05/09/16 -- Flamel Technologies (NASDAQ: FLML) today announced its financial results for the first quarter of 2016.
First Quarter Highlights Include:
Total revenue for first quarter 2016 was $36.2 million, compared to $32.7 million during the same period last year. GAAP net loss for the first quarter was ($6.4) million, or ($0.15) per diluted share, compared to GAAP net income of $11.6 million, or $0.27 per diluted share during the same period last year. Adjusted EBITDA was $11.8 million, compared to $12.9 million in the prior year.*... More