Form 10-K ALERE INC. For: Dec 31
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Go back to Form 10-K ALERE INC. For: Dec 31
August 8, 2016 9:08 AM EDT
Abbott (NYSE: ABT) says Alere's (NYSE: ALR) SEC filing doesn't alleviate concerns, according to Bloomberg, citing a company spokesperson. Abbott notes concerns over "business controls" and other practices.
Abbott believes Alere failed to adequately explain the... More
August 8, 2016 6:34 AM EDT
Alere (NYSE: ALR) reported Q4 EPS of ($0.28), versus ($0.43) reported last year. Revenue for the quarter came in at $623 million, versus $662.04 million reported last year.
The Company also announced that it concluded the analysis of certain aspects of revenue recognition for the years ended December 31, 2015, 2014, and 2013 (and each of the quarters in those annual periods). As a result of the review, the Company has revised its financial statements for the interim periods of 2015 and the years ended December 31, 2014 and 2013 to correct immaterial errors in its previously issued financial statements.
The revisions... More
