Concordia International (CXRX) Reports Q1 Loss of $1.09, Beats on Revenues
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Concordia International Corp. Announces First Quarter 2018 Results
May 15, 2018 7:00 AM EDTFirst quarter 2018 revenue of $152 million First quarter 2018 GAAP net loss of $56 million First quarter 2018 adjusted EBITDA1 of $72 million Generated cash flow from operations of $51 million in the first quarter of 2018 and concluded the quarter with a cash balance of $344 million On May 2, 2018, announced the execution of a support agreement with debtholders holding in aggregate more than 72 per cent of its affected secured debt and more than 64 per cent of its affected unsecured debt in connection with a proposed recapitalization transaction that would raise $586.5 million, and reduce the Company's... More
