ANI Pharma (ANIP) Reports Q4 EPS of 84c

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ANI Pharmaceuticals Reports Full Year 2016 Results and Fourth Quarter Results and Provides 2017 Guidance

March 2, 2017 8:30 AM EST

BAUDETTE, Minn., March 2, 2017 /PRNewswire/ --

For the full year ended December 31, 2016:

Record net revenues of $128.6 million, an increase of 69% versus the prior year GAAP net income of $3.9 million, including $6.7 million non-cash impairment charge for a non-core asset Diluted GAAP earnings per share of $0.34, including impact of non-cash impairment charge of $0.36, net of tax Adjusted non-GAAP EBITDA of $61.1 million Adjusted non-GAAP net income per diluted share of $3.78 (previous methodology)

For the fourth quarter 2016:

Net... More