Mylan Reports First Quarter 2020 Results and Reaffirms 2020 Guidance
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Mylan (MYL) Reports Q1 Revenues Miss; Reaffirms FY20 Revenue Mid-Point Guidance Above Consensus
May 11, 2020 8:18 AM EDTMylan (NASDAQ: MYL) reported Q1 revenue for the quarter came in at $2.62 billion versus the consensus estimate of $2.65 billion.
First Quarter 2020 Financial Highlights
Total revenues of $2.62 billion, up 5%, up 8% on a constant currency basis, compared to the prior year period.Revenue Highlights:North America segment net sales of $955.5 million, up 4% on an actual and constant currency basis.Europe segment net sales of $1.02 billion, up 14%, up 18% on a constant currency basis.Rest of World segment net sales of $610.8 million, down 5%, flat on a constant currency... More