Mallinckrodt (MNK) Tops Q4 EPS by 26c, FY EPS Guidance Beats
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Mallinckrodt plc Reports Strong Fourth Quarter and Total Company 2018 Results, Announces 2019 Guidance and Strategic Priorities
February 26, 2019 6:06 AM ESTSTAINES-UPON-THAMES, United Kingdom, Feb. 26, 2019 /PRNewswire/ --
Fourth quarter net sales of $834.9 million, a 5.4% increase; 2018 net sales of $3.2 billion comparable to prior year Fourth quarter operating cash flow of $184.4 million, free cash flow of $150.7 million; annual operating cash flow of $665.5 million, free cash flow of $538.5 million Total debt reduced by $384.0 million in the fourth quarter and subsequent to quarter close GAAP1Â diluted loss per share of $44.64 in the fourth quarter and $42.94 in fiscal 2018, primarily due to a non-cash goodwill impairment and driven by continued disparity between Mallinckrodt's expected performance and... More