Amneal Pharmaceuticals (AMRX) Tops Q1 EPS by 11c, Offers FY Guidance

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Amneal Reports First Quarter 2020 Financial Results

May 11, 2020 6:30 AM EDT

Q1 2020 Net Revenue of $ 499 million; GAAP Net Income of $115 million; Diluted Earnings per Share of $0.78

Q1 2020 Adjusted Net Income (1) of $60 million; Adjusted EBITDA (1) of $134 million; Adjusted Diluted EPS (1) of $0.20

Maintaining 2020 Full Year Financial Outlook

BRIDGEWATER, N.J.--(BUSINESS WIRE)-- Amneal Pharmaceuticals, Inc. (NYSE: AMRX) (the Company) announced its results today for the first quarter ended March 31, 2020.

We are proud of how Amneal has responded to the ongoing COVID-19 pandemic, said Chirag and Chintu Patel, Co-Chief Executive... More