Form 10-K ALERE INC. For: Dec 31

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Abbott (ABT) says Alere's (ALR) SEC filing doesn't alleviate concerns - Bloomberg

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

Alere (ALR) Reports Q4 Loss of $0.28; Announces Revenue Revisions Following Review

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