Aratana Therapeutics (PETX) Tops Q2 EPS by 37c

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Aratana Therapeutics Reports Second Quarter 2016 Financial Results

August 4, 2016 4:20 PM EDT

LEAWOOD, Kan., Aug. 4, 2016 /PRNewswire/ -- Aratana Therapeutics, Inc. (NASDAQ: PETX), a pet therapeutics company focused on the licensing, development and commercialization of innovative biopharmaceutical products for companion animals, announced its second quarter 2016 financial and operational results. For the quarter ended June 30, 2016, Aratana reported net income of $21.2 million or $0.61 diluted net income per share, which includes $38 million in revenue from the collaboration, license, development and commercialization agreement with Elanco Animal Health, a division of Eli Lilly and Company.

"Our vision is to become a fully integrated company," stated Steven St.... More