ANI Pharmaceuticals Reports Record Full Year and Fourth Quarter 2018 Results and Provides 2019 Guidance

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ANI Pharmaceuticals (ANIP) PT Raised to $73 at Raymond James

February 28, 2019 7:42 AM EST

Raymond James analyst Elliot Wilbur raised the price target on ANI Pharmaceuticals (NASDAQ: ANIP) to $73.00 (from $63.00) while maintaining a Strong Buy rating following another strong quarter.

Wilbur said they believe the outperformance in 4Q18 as well as solid initial 2019 guidance... More

ANI Pharma (ANIP) Tops Q4 EPS by 8c, Revenues Beat; Offers FY19 EPS/Revenue Outlook

February 27, 2019 8:34 AM EST

ANI Pharma (NASDAQ: ANIP) reported Q4 EPS of $1.32, $0.08 better than the analyst estimate of $1.24. Revenue for the quarter came in at $57.1 million versus the consensus estimate of $53.48 million.

For the fourth quarter 2018:

Record net revenues of $57.1 million, an increase of 21% versus 2017GAAP net income of $5.4 million and diluted GAAP earnings per share of $0.46Adjusted non-GAAP EBITDA of $22.2 millionAdjusted non-GAAP diluted earnings per share of $1.32

Arthur... More