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researcher59

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Re: None

Wednesday, 05/04/2016 8:59:05 AM

Wednesday, May 04, 2016 8:59:05 AM

Post# of 114292
LCI beats estimates, maintains guidance -

per briefing.com -

Lannett beats by $0.12, beats on revs (18.32 -0.35) :
Reports Q3 (Mar) earnings of $0.75 per share, $0.12 better than the Capital IQ Consensus of $0.63; revenues rose 64.7% year/year to $163.7 mln vs the $161.62 mln Capital IQ Consensus.
The company's fiscal 2016 third quarter was favorably impacted by a number of factors, including product mix and manufacturing efficiencies, which are not expected to continue in the fourth quarter. The company continues to expect its fiscal 2016 fourth quarter performance on an adjusted basis to be in line with its previous outlook.
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