ANI Pharma (ANIP) Misses Q4 EPS by 14c, Revenue Beats

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Go back to ANI Pharma (ANIP) Misses Q4 EPS by 14c, Revenue Beats

ANI Pharmaceuticals Reports Fourth Quarter and Full Year 2020 Results; Company Positioned for Sustainable Future Growth

March 9, 2021 6:50 AM EST

-- Fourth quarter 2020 net revenues of $57.3 million; net loss of $3.6 million and diluted loss per share of $0.30 --

-- Fourth quarter adjusted non-GAAP EBITDA of $17.2 million and adjusted non-GAAP diluted eps of $0.80 --

-- ANI defines strategy for sustainable future growth and strengthens capital structure --

-- Definitive agreement to acquire Novitium Pharma strengthens R&D engine, and expands generics and CDMO business --

-- Cortrophin® Gel sNDA re-filing planned for Q2 2021; aligned with FDA on path forward... More