Cambrex Reports Second Quarter 2018 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Cambrex Corp. (CBM) Tops Q2 EPS by 22c, Revenues Beat; Affirms FY18 Adj. Net Revenue & Adj. EBITDA Guidance
August 2, 2018 6:44 AM EDTCambrex Corp. (NYSE: CBM) reported Q2 EPS of $0.87, $0.22 better than the analyst estimate of $0.65. Revenue for the quarter came in at $152 million versus the consensus estimate of $132.74 million.
Highlights
Net revenue increased 13% to $152.0 million compared to $134.6 million in the same quarter last year. Excluding the impact of adopting the new revenue standard, ASC 606 Revenue from Contracts with Customers, net revenue decreased 1%.GAAP Diluted EPS from continuing operations increased 61% to $1.21 per share from $0.75 per share in the same quarter last year. The 2018 results reflect a lower tax rate as a... More