Valeant Announces Second-Quarter 2017 Results

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Valeant Pharma (VRX) Reports Q2 Loss of $0.11, Adj-EBITDA Beats; Maintains FY EPS, Lowers FY Revs

August 8, 2017 7:06 AM EDT

Valeant Pharma (NYSE: VRX) reported Q2 EPS of ($0.11), versus ($0.88) reported last year. Revenue for the quarter came in at $2.23 billion, versus $2.42 billion reported last year.

Adjusted EBITDA (non-GAAP) Sequential Increase of 10% to $951 million, beating consensus of $910.8 million.

Second-Quarter 2017 Financial Results

Revenues of $2.233... More