Flamel Technologies (FLML) Tops Q3 EPS by 13c; Boosts FY16 Revenue Outlook
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Flamel Technologies Reports Third Quarter 2016 Results
November 7, 2016 7:30 AM ESTLYON, FRANCE -- (Marketwired) -- 11/07/16 -- Flamel Technologies (NASDAQ: FLML) today announced its financial results for the third quarter 2016.
Third Quarter Highlights Include:
Total revenues for third quarter 2016 were $32.1 million, compared to $47.3 million during the same period last year. GAAP net loss for the third quarter was $22.3 million, or $(0.54) per diluted share, compared to GAAP net loss of $28.1 million, or $(0.69) per diluted share, during the same period last year. Adjusted operating income was $2.5 million, compared to $24.4 million in the prior year.* Adjusted... More