Albany Molecular Research (AMRI) Tops Q1 EPS by 1c

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AMRI Announces First Quarter 2017 Results

May 9, 2017 7:30 AM EDT

ALBANY, N.Y., May 9, 2017 /PRNewswire/ -- AMRI (NASDAQ: AMRI) today reported financial and operating results for the first quarter ended March 31, 2017 and provided an update to its outlook for 2017.

Highlights:

First quarter total revenue of $163.8 million, up 55% from 2016 First quarter basic and diluted EPS $(0.25); non-GAAP diluted EPS of $0.13 First quarter net loss of $(10.7) million; non-GAAP net income of $5.7 million First quarter adjusted EBITDA of $24.0 million, up 83% from 2016 Company confirms 2017 financial guidance

Non-GAAP net income, non-GAAP diluted EPS... More