Akorn (AKRX) Tops Q2 EPS by 3c, Approves $200M Buyback

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Akorn Provides Second Quarter 2016 Results

August 4, 2016 7:01 AM EDT

- Q2 2016 Revenue Increase of 27% to $281 Million -

- Q2 2016 GAAP EPS Increase of 85% to $0.50; Adjusted Q2 2016 EPS Increase of 41% to $0.58 -

- Updates 2016 Revenue and EPS Guidance -

- Board of Directors Authorizes $200 Million Stock Repurchase Program -

- Conference Call and Webcast to Be Held August 4, 2016 at 10:00 a.m. EDT -

LAKE FOREST, Ill., Aug. 04, 2016 (GLOBE NEWSWIRE) -- Akorn, Inc. (Nasdaq:... More