Alkermes plc Reports Financial Results for the Year Ended Dec. 31, 2016 and Provides Financial Expectations for 2017

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Go back to Alkermes plc Reports Financial Results for the Year Ended Dec. 31, 2016 and Provides Financial Expectations for 2017

Alkermes plc (ALKS) Tops Q4 EPS by 11c

February 15, 2017 7:05 AM EST

Alkermes plc (NASDAQ: ALKS) reported Q4 EPS of $0.15, $0.11 better than the analyst estimate of $0.04. Revenue for the quarter came in at $213.5 million versus the consensus estimate of $206.38 million.

Our 2016 financial results reflect the strong growth of our proprietary commercial products and demonstrate the power and breadth of the Alkermes business, commented James Frates, Chief Financial Officer of Alkermes. We enter 2017 in a strong financial position and expect total revenues to grow approximately... More