Valeant Pharma (VRX) Misses Q2 EPS by 8c, Reaffirms Guidance; Will Divest Ruconest Rights in N.A.

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Valeant Pharmaceuticals Reports Second Quarter 2016 Financial Results

August 9, 2016 6:00 AM EDT

2016 Full Year Guidance Reconfirmed

LAVAL, Quebec, Aug. 9, 2016 /PRNewswire/ --

Total Revenues of $2.4 billion, a decrease of 11% versus the second quarter of 2015 GAAP EPS  ($0.88) and Adjusted EPS (non-GAAP)  $1.40 Cash Flow from Operations of $448 million, an increase of 9% versus the second quarter of 2015

Valeant Pharmaceuticals International, Inc. (NYSE: VRX) (TSX: VRX) ("Valeant" or the "Company") today announced second quarter 2016 financial results.

"We continue to make progress towards stabilizing the... More