Albany Molecular Research (AMRI) Misses Q4 EPS by 14c; Guides Below the Street

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AMRI Announces Fourth Quarter and Full Year 2016 Results and Provides 2017 Outlook

February 21, 2017 7:28 AM EST

ALBANY, N.Y., Feb. 21, 2017 /PRNewswire/ -- AMRI (NASDAQ: AMRI) today reported financial and operating results for the fourth quarter and full year ended December 31, 2016 and provided an outlook for 2017.

Highlights:

Fourth quarter total revenue of $191.3 million, up 51% from 2015 Full year total revenue of $570.5 million, up 42% from 2015 Fourth quarter reported basic and diluted EPS $(0.37); non-GAAP diluted EPS of $0.34 Full year reported basic and diluted EPS $(1.83); non-GAAP diluted EPS of $0.95 Fourth quarter reported net loss of $15.4 million; non-GAAP net income of $14.8 million... More