Amphastar Pharma (AMPH) Tops Q1 EPS by 15c

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Amphastar Pharmaceuticals Reports Financial Results for the First Quarter Ended March 31, 2016

May 9, 2016 4:07 PM EDT

RANCHO CUCAMONGA, Calif., May 09, 2016 (GLOBE NEWSWIRE) -- Amphastar Pharmaceuticals, Inc. (NASDAQ: AMPH) (Amphastar or the Company) today reported results for the first quarter ended March 31, 2016.

First Quarter Highlights

Net revenues of $59.4 million for the first quarterGAAP net income of $2.5 million, or $0.05 per diluted share, for the first quarterAdjusted non-GAAP net income of $5.5 million, or $0.12 per diluted share, for the first quarter

Dr. Jack Zhang, Amphastars CEO, commented:  We are pleased to announce that we filed... More